December 15th, 2015

Noteworthy Monday Option Activity: MMM, SYY, MO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in 3M Co (MMM), where a total volume of 11,216 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.1% of MMM's average daily trading volume over the past month, of 2.2 million shares..
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