Noteworthy Monday Option Activity: SQ, PAY, ARII
March 21, 2016 at 15:54 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Square Inc (SQ), where a total volume of 10,082 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.1% of SQ's average daily trading volume over the past month, of 2.3 million shares..