Notable Friday Option Activity: ZOES, PBI, FB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zoe's Kitchen Inc (ZOES), where a total volume of 2,394 contracts has been traded thus far today, a contract volume which is representative of approximately 239,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.5% of ZOES's average daily trading volume over the past month, of 365,710 shares..