Notable Friday Option Activity: RAD, TITN, LAMR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rite Aid Corp (RAD), where a total volume of 8,970 contracts has been traded thus far today, a contract volume which is representative of approximately 897,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.3% of RAD's average daily trading volume over the past month, of 1.7 million shares..