Notable Tuesday Option Activity: SLNO, PENN, AMD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Soleno Therapeutics Inc (SLNO), where a total volume of 19,237 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 386.3% of SLNO's average daily trading volume over the past month, of 497,985 shares..