Noteworthy Monday Option Activity: AMPY, SBUX, CNS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Amplify Energy Corp (AMPY), where a total volume of 2,701 contracts has been traded thus far today, a contract volume which is representative of approximately 270,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.3% of AMPY's average daily trading volume over the past month, of 571,636 shares..