Noteworthy Thursday Option Activity: MSFT, LULU, TTD
April 29, 2021 at 15:29 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Microsoft Corporation (MSFT), where a total volume of 400,753 contracts has been traded thus far today, a contract volume which is representative of approximately 40.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 148.2% of MSFT's average daily trading volume over the past month, of 27.0 million shares..