Noteworthy Wednesday Option Activity: PRGO, CAVA, U

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Perrigo Company plc (PRGO), where a total volume of 21,084 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 178.2% of PRGO's average daily trading volume over the past month, of 1.2 million shares..