Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Constellation Brands Inc (STZ), where a total volume of 8,043 contracts has been traded thus far today, a contract volume which is representative of approximately 804,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.9% of STZ's average daily trading volume over the past month, of 1.2 million shares..