Noteworthy Thursday Option Activity: RJF, ETSY, AMD

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Raymond James Financial Inc (RJF), where a total volume of 4,681 contracts has been traded thus far today, a contract volume which is representative of approximately 468,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.7% of RJF's average daily trading volume over the past month, of 691,485 shares..