Noteworthy Tuesday Option Activity: SNCR, APPF, CGNX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Synchronoss Technologies Inc (SNCR), where a total volume of 2,093 contracts has been traded thus far today, a contract volume which is representative of approximately 209,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.5% of SNCR's average daily trading volume over the past month, of 449,925 shares..