Noteworthy Thursday Option Activity: DAL, GE, INTC

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Delta Air Lines Inc (DAL), where a total volume of 28,201 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.6% of DAL's average daily trading volume over the past month, of 5.1 million shares..