Noteworthy Monday Option Activity: DVA, EOG, MU

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in DaVita Inc (DVA), where a total volume of 12,650 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 116.3% of DVA's average daily trading volume over the past month, of 1.1 million shares..