Noteworthy Monday Option Activity: PLCE, OSTK, AXSM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Children's Place Inc (PLCE), where a total volume of 2,849 contracts has been traded thus far today, a contract volume which is representative of approximately 284,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.3% of PLCE's average daily trading volume over the past month, of 354,695 shares..