Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alignment Healthcare Inc (ALHC), where a total volume of 23,625 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 173.2% of ALHC's average daily trading volume over the past month, of 1.4 million shares..