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Noteworthy Thursday Option Activity: AYI, LULU, CUTR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Acuity Brands Inc (AYI), where a total volume of 3,459 contracts has been traded thus far today, a contract volume which is representative of approximately 345,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.9% of AYI's average daily trading volume over the past month, of 549,520 shares..
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