Noteworthy Friday Option Activity: JNJ, ETFC, XRX
December 14, 2018 at 13:38 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Johnson & Johnson (JNJ), where a total volume of 299,558 contracts has been traded thus far today, a contract volume which is representative of approximately 30.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 362% of JNJ's average daily trading volume over the past month, of 8.3 million shares..