Noteworthy Monday Option Activity: GRPN, MMI, MBI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Groupon Inc (GRPN), where a total volume of 6,562 contracts has been traded thus far today, a contract volume which is representative of approximately 656,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.3% of GRPN's average daily trading volume over the past month, of 1.2 million shares..
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