Notable Tuesday Option Activity: FB, LMT, KSS

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Facebook Inc (NASD: FB), where a total volume of 172,663 contracts has been traded thus far today, a contract volume which is representative of approximately 17.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.3% of FB's average daily trading volume over the past month, of 33.0 million shares. Particularly high vol...