Noteworthy Monday Option Activity: MET, IBM, AMCX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MetLife Inc (MET), where a total volume of 34,766 contracts has been traded thus far today, a contract volume which is representative of approximately 3.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.2% of MET's average daily trading volume over the past month, of 7.4 million shares..