Notable Monday Option Activity: ECHO, RMBS, BIG
May 18, 2020 at 15:35 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Echo Global Logistics Inc (ECHO), where a total volume of 1,529 contracts has been traded thus far today, a contract volume which is representative of approximately 152,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.7% of ECHO's average daily trading volume over the past month, of 247,635 shares..