Notable Wednesday Option Activity: INTC, TXN, XRX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Intel Corp (INTC), where a total volume of 103,524 contracts has been traded thus far today, a contract volume which is representative of approximately 10.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.9% of INTC's average daily trading volume over the past month, of 19.9 million shares..