Noteworthy Wednesday Option Activity: NOW, GRMN, CVS

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ServiceNow Inc (NOW), where a total volume of 7,352 contracts has been traded thus far today, a contract volume which is representative of approximately 735,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.1% of NOW's average daily trading volume over the past month, of 1.0 million shares..
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