Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Alignment Healthcare Inc (ALHC), where a total volume of 17,430 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 140.5% of ALHC's average daily trading volume over the past month, of 1.2 million shares..