Notable Monday Option Activity: MODN, AMBA, ASH

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Model N, Inc (MODN), where a total of 3,391 contracts have traded so far, representing approximately 339,100 underlying shares. That amounts to about 299.7% of MODN's average daily trading volume over the past month of 113,155 shares..