Noteworthy Friday Option Activity: SFM, SC, PX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sprouts Farmers Market Inc (SFM), where a total volume of 20,041 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55% of SFM's average daily trading volume over the past month, of 3.6 million shares..