Notable Monday Option Activity: INTC, YUM, WBA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Intel Corp (NASD: INTC), where a total volume of 130,777 contracts has been traded thus far today, a contract volume which is representative of approximately 13.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.8% of INTC's average daily trading volume over the past month, of 24.3 million shares. Especially high vol...