Noteworthy Thursday Option Activity: EGHT, TRIP, NET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in 8x8 Inc (EGHT), where a total volume of 9,625 contracts has been traded thus far today, a contract volume which is representative of approximately 962,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 124.5% of EGHT's average daily trading volume over the past month, of 773,330 shares..