Noteworthy Wednesday Option Activity: PFSI, WYNN, BATRK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PennyMac Financial Services Inc (PFSI), where a total volume of 5,711 contracts has been traded thus far today, a contract volume which is representative of approximately 571,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.1% of PFSI's average daily trading volume over the past month, of 713,160 shares..