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Noteworthy Wednesday Option Activity: M, AMGN, CMG Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Macy's Inc (NYSE: M), where a total volume of 37,339 contracts has been traded thus far today, a contract volume which is representative of approximately 3.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.4% of M's average daily trading volume over the past month, of 6.9 million shares. Particularly high volume was...
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