Noteworthy Monday Option Activity: ECPG, SMTC, HTA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Encore Capital Group Inc (ECPG), where a total volume of 3,234 contracts has been traded thus far today, a contract volume which is representative of approximately 323,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 94.8% of ECPG's average daily trading volume over the past month, of 341,065 shares..