Notable Friday Option Activity: CBRL, W, NEXT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cracker Barrel Old Country Store Inc (CBRL), where a total volume of 3,534 contracts has been traded thus far today, a contract volume which is representative of approximately 353,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.1% of CBRL's average daily trading volume over the past month, of 783,210 shares..