Notable Thursday Option Activity: GEF, GLRE, MTN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Greif Inc (GEF), where a total volume of 1,636 contracts has been traded thus far today, a contract volume which is representative of approximately 163,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.9% of GEF's average daily trading volume over the past month, of 190,415 shares..