Notable Wednesday Option Activity: PARR, NRZ, AXSM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Par Pacific Holdings Inc (PARR), where a total volume of 4,007 contracts has been traded thus far today, a contract volume which is representative of approximately 400,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 114% of PARR's average daily trading volume over the past month, of 351,385 shares..