Notable Wednesday Option Activity: BKS, SSNC, MYL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Barnes & Noble Inc (NYSE: BKS), where a total volume of 17,569 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 117.3% of BKS's average daily trading volume over the past month, of 1.5 million shares. Particular...