Noteworthy Thursday Option Activity: MJN, GPRE, TWX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Mead Johnson Nutrition Co (MJN), where a total volume of 6,169 contracts has been traded thus far today, a contract volume which is representative of approximately 616,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.2% of MJN's average daily trading volume over the past month, of 1.5 million shares..