Noteworthy Wednesday Option Activity: BGS, ORLY, SGMS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in B&G Foods Inc (BGS), where a total volume of 13,172 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 144.7% of BGS's average daily trading volume over the past month, of 910,220 shares..