Notable Thursday Option Activity: DRII, MFRM, SPPI
January 28, 2016 at 15:42 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Diamond Resorts International Inc (DRII), where a total volume of 7,756 contracts has been traded thus far today, a contract volume which is representative of approximately 775,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.3% of DRII's average daily trading volume over the past month, of 1.3 million shares..