Notable Monday Option Activity: CPRI, BHVN, SMTC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Capri Holdings Ltd (CPRI), where a total volume of 28,814 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 43.5% of CPRI's average daily trading volume over the past month, of 6.6 million shares..