Notable Monday Option Activity: WMS, Z, LW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Advanced Drainage Systems Inc (WMS), where a total volume of 2,181 contracts has been traded thus far today, a contract volume which is representative of approximately 218,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.1% of WMS's average daily trading volume over the past month, of 506,335 shares..