Notable Friday Option Activity: DRII, LDOS, CXW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Diamond Resorts International Inc (DRII), where a total volume of 12,458 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.5% of DRII's average daily trading volume over the past month, of 2.0 million shares..