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Noteworthy Thursday Option Activity: LRCX, LYB, DAL

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (LRCX), where a total volume of 10,176 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.1% of LRCX's average daily trading volume over the past month, of 2.3 million shares..
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