Notable Tuesday Option Activity: CALX, CVNA, NEWR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Calix Inc (CALX), where a total volume of 1,183 contracts has been traded thus far today, a contract volume which is representative of approximately 118,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.1% of CALX's average daily trading volume over the past month, of 245,755 shares..