Noteworthy Thursday Option Activity: SC, ACIA, WWD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Santander Consumer USA Holdings Inc (SC), where a total volume of 12,499 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.4% of SC's average daily trading volume over the past month, of 2.9 million shares..