Noteworthy Wednesday Option Activity: ERII, ENVA, GES
June 02, 2021 at 15:44 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Energy Recovery Inc (ERII), where a total volume of 4,267 contracts has been traded thus far today, a contract volume which is representative of approximately 426,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 71.2% of ERII's average daily trading volume over the past month, of 599,670 shares..