Noteworthy Friday Option Activity: CCL, TMO, LVS

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Carnival Corp (CCL), where a total volume of 303,527 contracts has been traded thus far today, a contract volume which is representative of approximately 30.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 112.4% of CCL's average daily trading volume over the past month, of 27.0 million shares..