Noteworthy Wednesday Option Activity: SNPS, FTAI, HIMS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Synopsys Inc (SNPS), where a total volume of 4,712 contracts has been traded thus far today, a contract volume which is representative of approximately 471,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.7% of SNPS's average daily trading volume over the past month, of 1.1 million shares..