Notable Tuesday Option Activity: KORS, BMY, INTC

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Michael Kors Holdings Ltd (NYSE: KORS), where a total volume of 18,968 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.7% of KORS's average daily trading volume over the past month, of 2.4 million shares. Especia...