Noteworthy Tuesday Option Activity: KR, RL, AZO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Kroger Co (KR), where a total volume of 32,479 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.5% of KR's average daily trading volume over the past month, of 6.7 million shares..