Notable Wednesday Option Activity: MTB, CMA, GILD

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in M & T Bank Corp (MTB), where a total of 9,291 contracts have traded so far, representing approximately 929,100 underlying shares. That amounts to about 115.3% of MTB's average daily trading volume over the past month of 806,010 shares..