Notable Friday Option Activity: INTC, GS, CRM

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Intel Corp (INTC), where a total volume of 875,750 contracts has been traded thus far today, a contract volume which is representative of approximately 87.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 101.4% of INTC's average daily trading volume over the past month, of 86.4 million shares..