Notable Tuesday Option Activity: BURL, ROOT, JACK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Burlington Stores Inc (BURL), where a total volume of 3,422 contracts has been traded thus far today, a contract volume which is representative of approximately 342,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.9% of BURL's average daily trading volume over the past month, of 700,270 shares..