Notable Monday Option Activity: CXW, RLAY, AVO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CoreCivic Inc (CXW), where a total volume of 4,820 contracts has been traded thus far today, a contract volume which is representative of approximately 482,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.1% of CXW's average daily trading volume over the past month, of 830,215 shares..