Noteworthy Friday Option Activity: YETI, PANW, IAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Yeti Holdings Inc (YETI), where a total volume of 4,543 contracts has been traded thus far today, a contract volume which is representative of approximately 454,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.1% of YETI's average daily trading volume over the past month, of 964,125 shares..