Notable Wednesday Option Activity: MSG, FDP, SSTK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Madison Square Garden Co (MSG), where a total volume of 1,043 contracts has been traded thus far today, a contract volume which is representative of approximately 104,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 84.5% of MSG's average daily trading volume over the past month, of 123,495 shares..