Notable Wednesday Option Activity: MTW, ECHO, XOM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Manitowoc Company Inc (MTW), where a total volume of 3,422 contracts has been traded thus far today, a contract volume which is representative of approximately 342,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 101.9% of MTW's average daily trading volume over the past month, of 335,710 shares..
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