Notable Wednesday Option Activity: ITT, DUOL, MRSN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ITT Inc (ITT), where a total volume of 1,622 contracts has been traded thus far today, a contract volume which is representative of approximately 162,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.4% of ITT's average daily trading volume over the past month, of 315,555 shares..