Noteworthy Monday Option Activity: ELY, UPLD, GPRE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Callaway Golf Co (ELY), where a total volume of 17,023 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 151.6% of ELY's average daily trading volume over the past month, of 1.1 million shares..
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