Noteworthy Wednesday Option Activity: GPS, IBM, VRTX

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in The Gap Inc (GPS), where a total of 42,713 contracts have traded so far, representing approximately 4.3 million underlying shares. That amounts to about 68.8% of GPS's average daily trading volume over the past month of 6.2 million shares..
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