Notable Wednesday Option Activity: CPRI, PSFE, J

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Capri Holdings Ltd (CPRI), where a total volume of 7,133 contracts has been traded thus far today, a contract volume which is representative of approximately 713,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.7% of CPRI's average daily trading volume over the past month, of 1.7 million shares..