Noteworthy Tuesday Option Activity: CFG, WING, ESTC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Citizens Financial Group Inc (CFG), where a total volume of 39,277 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.5% of CFG's average daily trading volume over the past month, of 6.6 million shares..