Noteworthy Thursday Option Activity: ETM, DLR, AMBC
May 11, 2017 at 11:29 AM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Entercom Communications Corp (ETM), where a total volume of 1,955 contracts has been traded thus far today, a contract volume which is representative of approximately 195,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.6% of ETM's average daily trading volume over the past month, of 280,890 shares..