Noteworthy Thursday Option Activity: HDP, IDCC, FGL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hortonworks Inc (HDP), where a total volume of 3,846 contracts has been traded thus far today, a contract volume which is representative of approximately 384,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.1% of HDP's average daily trading volume over the past month, of 505,190 shares..