Noteworthy Tuesday Option Activity: ZTS, CRUS, ODP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoetis Inc (ZTS), where a total volume of 89,358 contracts has been traded thus far today, a contract volume which is representative of approximately 8.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 198% of ZTS's average daily trading volume over the past month, of 4.5 million shares..