Noteworthy Monday Option Activity: GPC, INTC, STX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Genuine Parts Co. (GPC), where a total volume of 42,847 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares)..