Notable Tuesday Option Activity: PRAA, SEAS, CAB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PRA Group Inc (PRAA), where a total volume of 6,647 contracts has been traded thus far today, a contract volume which is representative of approximately 664,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 121.4% of PRAA's average daily trading volume over the past month, of 547,725 shares..