Noteworthy Thursday Option Activity: CUTR, LRCX, CIEN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cutera Inc (CUTR), where a total volume of 1,964 contracts has been traded thus far today, a contract volume which is representative of approximately 196,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.2% of CUTR's average daily trading volume over the past month, of 306,055 shares..