Noteworthy Friday Option Activity: GLUU, BMRN, SEAS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Glu Mobile Inc (GLUU), where a total volume of 35,840 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.9% of GLUU's average daily trading volume over the past month, of 5.5 million shares..