Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dycom Industries, Inc. (NYSE: DY), where a total volume of 6,007 contracts has been traded thus far today, a contract volume which is representative of approximately 600,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53.4% of DY’s average daily trading volume over the past month, of 1.1 million shares.