Noteworthy Monday Option Activity: CI, SBUX, DOW

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cigna Corp (CI), where a total volume of 7,369 contracts has been traded thus far today, a contract volume which is representative of approximately 736,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.7% of CI's average daily trading volume over the past month, of 1.4 million shares..