Notable Friday Option Activity: SCCO, BLNK, SLCA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Southern Copper Corp (SCCO), where a total volume of 7,339 contracts has been traded thus far today, a contract volume which is representative of approximately 733,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.6% of SCCO's average daily trading volume over the past month, of 1.1 million shares..