Notable Wednesday Option Activity: ECPG, SNA, CIEN
October 12, 2016 at 11:46 AM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Encore Capital Group Inc (ECPG), where a total volume of 2,505 contracts has been traded thus far today, a contract volume which is representative of approximately 250,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 117.6% of ECPG's average daily trading volume over the past month, of 213,035 shares..