Notable Friday Option Activity: HCA, PEP, FDX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in HCA Healthcare Inc (HCA), where a total volume of 6,663 contracts has been traded thus far today, a contract volume which is representative of approximately 666,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.7% of HCA's average daily trading volume over the past month, of 1.2 million shares..