Notable Thursday Option Activity: REV, IPI, ESPR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Revlon Inc (REV), where a total volume of 1,014 contracts has been traded thus far today, a contract volume which is representative of approximately 101,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.8% of REV's average daily trading volume over the past month, of 164,125 shares..