Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Harley-Davidson Inc (HOG), where a total volume of 12,964 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.8% of HOG's average daily trading volume over the past month, of 1.6 million shares..