Noteworthy Monday Option Activity: MTN, GPS, PYPL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vail Resorts Inc (MTN), where a total volume of 3,225 contracts has been traded thus far today, a contract volume which is representative of approximately 322,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.5% of MTN's average daily trading volume over the past month, of 603,120 shares..
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