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Noteworthy Tuesday Option Activity: COST, CMG, LLY Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Costco Wholesale Corp (NASD: COST), where a total volume of 15,074 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 87% of COST's average daily trading volume over the past month, of 1.7 million shares. Particularly ...
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