Noteworthy Monday Option Activity: MTOR, TWI, TIME

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Meritor Inc (MTOR), where a total volume of 5,877 contracts has been traded thus far today, a contract volume which is representative of approximately 587,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.7% of MTOR's average daily trading volume over the past month, of 984,920 shares..