Notable Monday Option Activity: TOWR, MEI, WATT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tower International Inc (TOWR), where a total volume of 396 contracts has been traded thus far today, a contract volume which is representative of approximately 39,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.4% of TOWR's average daily trading volume over the past month, of 83,500 shares..
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