Notable Friday Option Activity: M, BLK, ABCB
March 13, 2020 at 15:19 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Macy's Inc (M), where a total volume of 79,633 contracts has been traded thus far today, a contract volume which is representative of approximately 8.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.6% of M's average daily trading volume over the past month, of 18.3 million shares..