Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Visa Inc (V), where a total volume of 69,346 contracts has been traded thus far today, a contract volume which is representative of approximately 6.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77% of V's average daily trading volume over the past month, of 9.0 million shares..