Noteworthy Tuesday Option Activity: SMCI, LSTR, DOCU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Super Micro Computer Inc (SMCI), where a total volume of 9,028 contracts has been traded thus far today, a contract volume which is representative of approximately 902,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67% of SMCI's average daily trading volume over the past month, of 1.3 million shares..