Noteworthy Monday Option Activity: RESI, NEM, WGO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Altisource Residential Corp (RESI), where a total volume of 3,048 contracts has been traded thus far today, a contract volume which is representative of approximately 304,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.5% of RESI's average daily trading volume over the past month, of 548,865 shares..