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Noteworthy Tuesday Option Activity: NXPI, CRM, ALGN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NXP Semiconductors NV (NXPI), where a total volume of 13,149 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.6% of NXPI's average daily trading volume over the past month, of 2.8 million shares..
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