Noteworthy Friday Option Activity: GOOGL, PLTR, AMD

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Alphabet Inc (GOOGL), where a total volume of 708,855 contracts has been traded thus far today, a contract volume which is representative of approximately 70.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 245.8% of GOOGL's average daily trading volume over the past month, of 28.8 million shares..