Notable Monday Option Activity: PSX, BBBY, AZO

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Phillips 66 (PSX), where a total of 11,629 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about 43.6% of PSX's average daily trading volume over the past month of 2.7 million shares..