Noteworthy Friday Option Activity: RYAM, TWTR, FFIV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rayonier Advanced Materials Inc (RYAM), where a total volume of 2,743 contracts has been traded thus far today, a contract volume which is representative of approximately 274,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.3% of RYAM's average daily trading volume over the past month, of 579,725 shares..