Notable Thursday Option Activity: SWBI, VVNT, RBBN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Smith & Wesson Brands Inc (SWBI), where a total volume of 14,266 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.5% of SWBI's average daily trading volume over the past month, of 1.8 million shares..