Notable Tuesday Option Activity: M, LGND, CMI
September 10, 2019 at 15:50 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 70,108 contracts has been traded thus far today, a contract volume which is representative of approximately 7.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.3% of M's average daily trading volume over the past month, of 17.4 million shares..