Notable Friday Option Activity: LAMR, ATI, FOLD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lamar Advertising Co (LAMR), where a total volume of 2,522 contracts has been traded thus far today, a contract volume which is representative of approximately 252,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.7% of LAMR's average daily trading volume over the past month, of 415,655 shares..