Noteworthy Friday Option Activity: SAM, SNCR, NOC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Boston Beer Co Inc (SAM), where a total volume of 701 contracts has been traded thus far today, a contract volume which is representative of approximately 70,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.1% of SAM's average daily trading volume over the past month, of 118,570 shares..