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Notable Thursday Option Activity: CAT, PXD, LLTC Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Caterpillar Inc. (NYSE: CAT), where a total volume of 33,570 contracts has been traded thus far today, a contract volume which is representative of approximately 3.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58% of CAT's average daily trading volume over the past month, of 5.8 million shares. Especially high volu...
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