Notable Thursday Option Activity: ORCL, HUBS, DOCU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Oracle Corp (ORCL), where a total volume of 71,724 contracts has been traded thus far today, a contract volume which is representative of approximately 7.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.3% of ORCL's average daily trading volume over the past month, of 15.2 million shares..