Notable Thursday Option Activity: HAWK, JILL, ETH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Blackhawk Network Holdings Inc (HAWK), where a total volume of 2,850 contracts has been traded thus far today, a contract volume which is representative of approximately 285,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62% of HAWK's average daily trading volume over the past month, of 459,615 shares..