Noteworthy Monday Option Activity: EFC, RAPT, TRN
November 16, 2020 at 15:25 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ellington Financial Inc (EFC), where a total volume of 5,964 contracts has been traded thus far today, a contract volume which is representative of approximately 596,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 268.7% of EFC's average daily trading volume over the past month, of 221,960 shares..