Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Molson Coors Brewing Co. (NYSE: TAP), where a total of 7,842 contracts have traded so far, representing approximately 784,200 underlying shares. That amounts to about 47.5% of TAP's average daily trading volume over the past month of 1.7 million shares. Especially high volume was seen for the $110 strike call option expiring January 20, 2017, with 2,501 contracts trading so far today, representing approximately 250,100 underlying shares of TAP. Below is a chart showing TAP's trailing twelve month trading history, with the $110 strike highlighted in orange:
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