Noteworthy Thursday Option Activity: PRGO, ADBE, LUV

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 4,523 contracts has been traded thus far today, a contract volume which is representative of approximately 452,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.1% of PRGO's average daily trading volume over the past month, of 778,945 shares..
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