Notable Wednesday Option Activity: CL, BA, CVX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Colgate-Palmolive Co. (NYSE: CL), where a total volume of 30,310 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96% of CL's average daily trading volume over the past month, of 3.2 million shares. Especially high v...