Noteworthy Monday Option Activity: YELP, LPX, CHK
February 08, 2016 at 11:30 AM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Yelp Inc (YELP), where a total volume of 16,943 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.4% of YELP's average daily trading volume over the past month, of 2.9 million shares..