Noteworthy Wednesday Option Activity: GOOG, ROST, TWTR - Forbes
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alphabet Inc (NASD: GOOG), where a total volume of 13,227 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.1% of GOOG's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $670 strike put option expiring June 17, 2016, with 984 contracts trading so far today, representing approximately 98,400 underlying shares of GOOG. Below is a chart showing GOOG's trailing twelve month trading history, with the $670 strike highlighted in orange:
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