Notable Thursday Option Activity: PFSI, LPSN, PEP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in PennyMac Financial Services Inc (PFSI), where a total volume of 5,087 contracts has been traded thus far today, a contract volume which is representative of approximately 508,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62% of PFSI's average daily trading volume over the past month, of 820,305 shares..