Notable Thursday Option Activity: RLI, LGIH, MRVL
January 16, 2020 at 15:32 PM EST
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in RLI Corp (RLI), where a total volume of 1,310 contracts has been traded thus far today, a contract volume which is representative of approximately 131,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 65.5% of RLI's average daily trading volume over the past month, of 200,095 shares..