Noteworthy Monday Option Activity: GEO, LULU, TTEC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GEO Group Inc (GEO), where a total volume of 15,107 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.2% of GEO's average daily trading volume over the past month, of 1.9 million shares..