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Notable Wednesday Option Activity: EL, ADS, BAC Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Estee Lauder Cos., Inc. (NYSE: EL), where a total volume of 5,347 contracts has been traded thus far today, a contract volume which is representative of approximately 534,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43% of EL's average daily trading volume over the past month, of 1.2 million shares. Especially high volu...
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