Noteworthy Tuesday Option Activity: ECOM, FLOW, XRX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ChannelAdvisor Corp (ECOM), where a total volume of 481 contracts has been traded thus far today, a contract volume which is representative of approximately 48,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.8% of ECOM's average daily trading volume over the past month, of 91,120 shares..