Noteworthy Wednesday Option Activity: BLL, ALGN, NVDA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Ball Corp (BLL), where a total volume of 6,744 contracts has been traded thus far today, a contract volume which is representative of approximately 674,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.3% of BLL's average daily trading volume over the past month, of 1.4 million shares..