Notable Monday Option Activity: QTWO, COST, STZ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Q2 Holdings Inc (QTWO), where a total volume of 1,478 contracts has been traded thus far today, a contract volume which is representative of approximately 147,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.7% of QTWO's average daily trading volume over the past month, of 275,430 shares..