Noteworthy Wednesday Option Activity: VMC, ON, RRGB

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vulcan Materials Co (VMC), where a total volume of 4,883 contracts has been traded thus far today, a contract volume which is representative of approximately 488,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.2% of VMC's average daily trading volume over the past month, of 1.1 million shares..