Noteworthy Tuesday Option Activity: ALKS, PYPL, LRCX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alkermes plc (ALKS), where a total volume of 9,593 contracts has been traded thus far today, a contract volume which is representative of approximately 959,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.8% of ALKS's average daily trading volume over the past month, of 1.3 million shares..
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