Noteworthy Wednesday Option Activity: CTRL, FMI, UA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Control4 Corp (CTRL), where a total volume of 3,123 contracts has been traded thus far today, a contract volume which is representative of approximately 312,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 250.2% of CTRL's average daily trading volume over the past month, of 124,830 shares..