Notable Thursday Option Activity: GOOGL, NFLX, TXN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (NASD: GOOGL), where a total volume of 14,962 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.7% of GOOGL's average daily trading volume over the past month, of 1.9 million shares. Particularly high ...