Notable Wednesday Option Activity: CCMP, CPRI, PVAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cabot Microelectronics Corp (CCMP), where a total volume of 1,479 contracts has been traded thus far today, a contract volume which is representative of approximately 147,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.5% of CCMP's average daily trading volume over the past month, of 332,495 shares..