Noteworthy Thursday Option Activity: AXP, SOUN, QCOM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Express Co. (AXP), where a total volume of 12,811 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares)..