Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Advance Auto Parts Inc (AAP), where a total volume of 7,934 contracts has been traded thus far today, a contract volume which is representative of approximately 793,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.6% of AAP's average daily trading volume over the past month, of 1.4 million shares..

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