Noteworthy Friday Option Activity: NTRI, THO, EBIX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NutriSystem Inc (NTRI), where a total volume of 19,065 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 380.8% of NTRI's average daily trading volume over the past month, of 500,625 shares..