Notable Tuesday Option Activity: CBMG, DXPE, MSFT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cellular Biomedicine Group Inc (CBMG), where a total volume of 177 contracts has been traded thus far today, a contract volume which is representative of approximately 17,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.2% of CBMG's average daily trading volume over the past month, of 38,310 shares..