Notable Friday Option Activity: MCD, T, HD

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in McDonald's Corp (MCD), where a total volume of 36,411 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.1% of MCD's average daily trading volume over the past month, of 5.6 million shares..
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