Noteworthy Friday Option Activity: OLLI, MBUU, KR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ollie's Bargain Outlet Holdings Inc (OLLI), where a total volume of 4,520 contracts has been traded thus far today, a contract volume which is representative of approximately 452,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.9% of OLLI's average daily trading volume over the past month, of 1.1 million shares..