Noteworthy Wednesday Option Activity: MPX, LECO, NSC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Marine Products Corp (MPX), where a total volume of 245 contracts has been traded thus far today, a contract volume which is representative of approximately 24,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.9% of MPX's average daily trading volume over the past month, of 58,505 shares..