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Notable Wednesday Option Activity: TAP, PCLN, GMCR Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Molson Coors Brewing Co. (NYSE: TAP), where a total volume of 32,200 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 192% of TAP's average daily trading volume over the past month, of 1.7 million shares. Especially ...
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