Noteworthy Monday Option Activity: GLW, PFE, SBUX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Corning Inc (GLW), where a total volume of 31,503 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 65.6% of GLW's average daily trading volume over the past month, of 4.8 million shares..