Noteworthy Tuesday Option Activity: DO, ITCI, FOE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Diamond Offshore Drilling, Inc. (DO), where a total volume of 19,203 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares)..