Notable Monday Option Activity: ALBO, CRUS, BYND

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Albireo Pharma Inc (ALBO), where a total volume of 2,811 contracts has been traded thus far today, a contract volume which is representative of approximately 281,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 243.5% of ALBO's average daily trading volume over the past month, of 115,465 shares..