Noteworthy Thursday Option Activity: ORC, LQDT, RGR
August 06, 2020 at 15:41 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Orchid Island Capital Inc (ORC), where a total volume of 4,505 contracts has been traded thus far today, a contract volume which is representative of approximately 450,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.4% of ORC's average daily trading volume over the past month, of 912,375 shares..