Noteworthy Monday Option Activity: MSFT, GPN, ULTA
December 28, 2020 at 13:55 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Microsoft Corporation (MSFT), where a total volume of 215,225 contracts has been traded thus far today, a contract volume which is representative of approximately 21.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.1% of MSFT's average daily trading volume over the past month, of 28.3 million shares..