Notable Tuesday Option Activity: LITE, DGII, SIG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lumentum Holdings Inc (LITE), where a total volume of 4,260 contracts has been traded thus far today, a contract volume which is representative of approximately 426,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.2% of LITE's average daily trading volume over the past month, of 552,170 shares..
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