Noteworthy Monday Option Activity: SFLY, PKG, HFC
September 12, 2016 at 15:39 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Shutterfly Inc (SFLY), where a total volume of 1,896 contracts has been traded thus far today, a contract volume which is representative of approximately 189,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.4% of SFLY's average daily trading volume over the past month, of 222,065 shares..