Notable Monday Option Activity: ARCH, ARDX, UPLD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Arch Resources Inc (ARCH), where a total volume of 8,726 contracts has been traded thus far today, a contract volume which is representative of approximately 872,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 112.5% of ARCH's average daily trading volume over the past month, of 775,890 shares..
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