Notable Wednesday Option Activity: LULU, BURL, SQ
March 02, 2016 at 15:30 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in lululemon athletica inc (LULU), where a total volume of 29,292 contracts has been traded thus far today, a contract volume which is representative of approximately 2.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.9% of LULU's average daily trading volume over the past month, of 2.3 million shares..