Noteworthy Wednesday Option Activity: NOC, HOG, ITW
October 23, 2019 at 14:18 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Northrop Grumman Corp (NOC), where a total volume of 4,601 contracts has been traded thus far today, a contract volume which is representative of approximately 460,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.8% of NOC's average daily trading volume over the past month, of 1.1 million shares..