Notable Monday Option Activity: AAPL, CMG, COH

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Apple Inc (NASD: AAPL), where a total volume of 966,160 contracts has been traded thus far today, a contract volume which is representative of approximately 96.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 253.6% of AAPL's average daily trading volume over the past month, of 38.1 million shares. Especially high vol...