Noteworthy Tuesday Option Activity: APPN, AMKR, RICK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Appian Corp (APPN), where a total volume of 8,444 contracts has been traded thus far today, a contract volume which is representative of approximately 844,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 236.7% of APPN's average daily trading volume over the past month, of 356,795 shares..