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Noteworthy Monday Option Activity: VLO, TTWO, MCD

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Valero Energy Corp (VLO), where a total volume of 18,991 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.9% of VLO's average daily trading volume over the past month, of 3.5 million shares..
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