Notable Thursday Option Activity: PNRA, BWLD, CAL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Panera Bread Co (PNRA), where a total volume of 6,384 contracts has been traded thus far today, a contract volume which is representative of approximately 638,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 175.1% of PNRA's average daily trading volume over the past month, of 364,615 shares..