Noteworthy Thursday Option Activity: AAP, NOC, MO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Advance Auto Parts Inc (AAP), where a total volume of 3,519 contracts has been traded thus far today, a contract volume which is representative of approximately 351,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.9% of AAP's average daily trading volume over the past month, of 559,325 shares..
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