Notable Wednesday Option Activity: CIM, STMP, TUP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chimera Investment Corp (CIM), where a total volume of 20,373 contracts has been traded thus far today, a contract volume which is representative of approximately 2.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.3% of CIM's average daily trading volume over the past month, of 1.6 million shares..