Noteworthy Monday Option Activity: PRGO, TWTR, AVGO

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Perrigo Company plc (PRGO), where a total volume of 8,418 contracts has been traded thus far today, a contract volume which is representative of approximately 841,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61% of PRGO's average daily trading volume over the past month, of 1.4 million shares..