Noteworthy Friday Option Activity: ALGN, CVX, TSCO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Align Technology Inc (ALGN), where a total volume of 7,577 contracts has been traded thus far today, a contract volume which is representative of approximately 757,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 97.1% of ALGN's average daily trading volume over the past month, of 780,530 shares..