Notable Wednesday Option Activity: SPG, KO, MLM

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Simon Property Group, Inc. (NYSE: SPG), where a total of 9,642 contracts have traded so far, representing approximately 964,200 underlying shares. That amounts to about 99.3% of SPG's average daily trading volume over the past month of 971,195 shares. Particularly high volume was seen for the $195 strike put option expiring May 20, 2016, with 5,090 contracts trading so far today, representing ...