Noteworthy Tuesday Option Activity: MCRB, LORL, MEG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Seres Therapeutics Inc (MCRB), where a total volume of 2,970 contracts has been traded thus far today, a contract volume which is representative of approximately 297,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.3% of MCRB's average daily trading volume over the past month, of 568,290 shares..
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