Noteworthy Thursday Option Activity: SKX, STWD, IONS

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Skechers USA Inc (SKX), where a total volume of 20,946 contracts has been traded thus far today, a contract volume which is representative of approximately 2.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 104.7% of SKX's average daily trading volume over the past month, of 2.0 million shares..