Notable Wednesday Option Activity: NKE, VMC, GE

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Nike (NKE), where a total volume of 30,140 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.5% of NKE's average daily trading volume over the past month, of 6.2 million shares..
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