Noteworthy Monday Option Activity: ZTS, FDX, UNH

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Zoetis Inc (ZTS), where a total volume of 85,861 contracts has been traded thus far today, a contract volume which is representative of approximately 8.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 235.6% of ZTS's average daily trading volume over the past month, of 3.6 million shares..
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