Noteworthy Thursday Option Activity: MDT, MSFT, PCG
May 24, 2018 at 13:22 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Medtronic PLC (MDT), where a total volume of 24,381 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.4% of MDT's average daily trading volume over the past month, of 4.8 million shares..
