Noteworthy Monday Option Activity: KONA, OVTI, NXST
January 25, 2016 at 15:27 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kona Grill Inc (KONA), where a total volume of 4,210 contracts has been traded thus far today, a contract volume which is representative of approximately 421,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 237% of KONA's average daily trading volume over the past month, of 177,670 shares..