Noteworthy Monday Option Activity: VRSN, LULU, MPW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Verisign Inc (VRSN), where a total volume of 3,091 contracts has been traded thus far today, a contract volume which is representative of approximately 309,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.4% of VRSN's average daily trading volume over the past month, of 666,100 shares..