Noteworthy Tuesday Option Activity: JAZZ, CAR, AXDX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Jazz Pharmaceuticals plc (JAZZ), where a total volume of 3,403 contracts has been traded thus far today, a contract volume which is representative of approximately 340,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 89.8% of JAZZ's average daily trading volume over the past month, of 379,020 shares..