Notable Wednesday Option Activity: AKAM, REGN, LUV

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Akamai Technologies Inc (AKAM), where a total volume of 6,582 contracts has been traded thus far today, a contract volume which is representative of approximately 658,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.5% of AKAM's average daily trading volume over the past month, of 1.1 million shares..
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