Notable Wednesday Option Activity: CKEC, ICPT, GM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Carmike Cinemas Inc (CKEC), where a total volume of 1,377 contracts has been traded thus far today, a contract volume which is representative of approximately 137,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.3% of CKEC's average daily trading volume over the past month, of 185,405 shares..