Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spectrum Brands Holdings Inc (SPB), where a total volume of 2,851 contracts has been traded thus far today, a contract volume which is representative of approximately 285,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 89.6% of SPB's average daily trading volume over the past month, of 318,080 shares..