Notable Tuesday Option Activity: OUTR, PG, SCCO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Outerwall Inc (OUTR), where a total volume of 2,529 contracts has been traded thus far today, a contract volume which is representative of approximately 252,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.8% of OUTR's average daily trading volume over the past month, of 529,155 shares..