Notable Thursday Option Activity: LOVE, IESC, GCT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lovesac Co (LOVE), where a total volume of 1,694 contracts has been traded thus far today, a contract volume which is representative of approximately 169,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.3% of LOVE's average daily trading volume over the past month, of 272,120 shares..