Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hibbett Inc (HIBB), where a total volume of 1,702 contracts has been traded thus far today, a contract volume which is representative of approximately 170,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.8% of HIBB's average daily trading volume over the past month, of 397,300 shares..