Noteworthy Tuesday Option Activity: NTCT, I, TRGP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NetScout Systems Inc (NTCT), where a total volume of 4,802 contracts has been traded thus far today, a contract volume which is representative of approximately 480,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.1% of NTCT's average daily trading volume over the past month, of 648,165 shares..