Notable Wednesday Option Activity: SDGR, ARRY, SBUX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Schrodinger Inc (SDGR), where a total volume of 8,775 contracts has been traded thus far today, a contract volume which is representative of approximately 877,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 113.5% of SDGR's average daily trading volume over the past month, of 772,800 shares..
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