Noteworthy Tuesday Option Activity: PPL, PVH, AAPL

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PPL Corp (PPL), where a total volume of 61,672 contracts has been traded thus far today, a contract volume which is representative of approximately 6.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 161.1% of PPL's average daily trading volume over the past month, of 3.8 million shares..