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Notable Monday Option Activity: ILMN, MSFT, AKAM Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Illumina Inc (NASD: ILMN), where a total volume of 6,951 contracts has been traded thus far today, a contract volume which is representative of approximately 695,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.4% of ILMN's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume ...
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