Notable Friday Option Activity: PTLO, NU, BFH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Portillos Inc (PTLO), where a total volume of 7,090 contracts has been traded thus far today, a contract volume which is representative of approximately 709,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 72.3% of PTLO's average daily trading volume over the past month, of 981,170 shares..