Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Dish Network Corp (NASD: DISH), where a total volume of 42,353 contracts has been traded thus far today, a contract volume which is representative of approximately 4.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 226.2% of DISH’s average daily trading volume over the past month, of 1.9 million shares.