Notable Thursday Option Activity: PARA, W, WBD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Paramount Global (PARA), where a total volume of 43,981 contracts has been traded thus far today, a contract volume which is representative of approximately 4.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.1% of PARA's average daily trading volume over the past month, of 9.0 million shares..