Noteworthy Thursday Option Activity: HIIQ, STAA, IRBT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Health Insurance Innovations Inc (HIIQ), where a total volume of 5,362 contracts has been traded thus far today, a contract volume which is representative of approximately 536,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 111.9% of HIIQ's average daily trading volume over the past month, of 479,060 shares..