Noteworthy Thursday Option Activity: AVGO, HOG, IMAX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Broadcom Inc (AVGO), where a total volume of 45,658 contracts has been traded thus far today, a contract volume which is representative of approximately 4.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 190.4% of AVGO's average daily trading volume over the past month, of 2.4 million shares..