Noteworthy Monday Option Activity: MRNA, WBD, ULTA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Moderna Inc (MRNA), where a total volume of 42,756 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 123.6% of MRNA's average daily trading volume over the past month, of 3.5 million shares..