Noteworthy Thursday Option Activity: WBD, TRIP, PEGA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Warner Bros Discovery Inc (WBD), where a total volume of 138,916 contracts has been traded thus far today, a contract volume which is representative of approximately 13.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.5% of WBD's average daily trading volume over the past month, of 23.0 million shares..