Noteworthy Friday Option Activity: PVH, TWC, COH

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in PVH Corp (PVH), where a total volume of 24,285 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 191.3% of PVH's average daily trading volume over the past month, of 1.3 million shares..