Notable Thursday Option Activity: DFRG, LW, SPG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Del Frisco's Restaurant Group Inc (DFRG), where a total volume of 11,751 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 327% of DFRG's average daily trading volume over the past month, of 359,350 shares..