Noteworthy Tuesday Option Activity: META, COST, CSTM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Meta Platforms Inc (META), where a total volume of 155,719 contracts has been traded thus far today, a contract volume which is representative of approximately 15.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 113.8% of META's average daily trading volume over the past month, of 13.7 million shares..