Noteworthy Monday Option Activity: V, MAC, CMI

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Visa Inc (V), where a total volume of 42,122 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.8% of V's average daily trading volume over the past month, of 6.7 million shares..
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