Notable Monday Option Activity: CCL, FCX, OSG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Carnival Corp (CCL), where a total volume of 166,748 contracts has been traded thus far today, a contract volume which is representative of approximately 16.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 40.5% of CCL's average daily trading volume over the past month, of 41.2 million shares..