Notable Monday Option Activity: AFL, BA, FDX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in AFLAC Inc (AFL), where a total volume of 115,975 contracts has been traded thus far today, a contract volume which is representative of approximately 11.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 271.5% of AFL's average daily trading volume over the past month, of 4.3 million shares..
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