Noteworthy Thursday Option Activity: EIGI, THC, SHAK
May 12, 2016 at 15:41 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Endurance International Group Holdings Inc (EIGI), where a total volume of 14,443 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 298% of EIGI's average daily trading volume over the past month, of 484,680 shares..