Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Western Digital Corp (WDC), where a total volume of 26,861 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.3% of WDC's average daily trading volume over the past month, of 4.5 million shares..