Notable Tuesday Option Activity: PRAX, SNOW, HOOD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Praxis Precision Medicines Inc (PRAX), where a total volume of 4,761 contracts has been traded thus far today, a contract volume which is representative of approximately 476,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 122.6% of PRAX's average daily trading volume over the past month, of 388,390 shares..