Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Greif Inc (GEF - Get Report), where a total volume of 1,290 contracts has been traded thus far today, a contract volume which is representative of approximately 129,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.6% of GEF's average daily trading volume over the past month, of 228,050 shares. Especially high volume was seen for the $55 strike call option expiring July 21, 2017, with 645 contracts trading so far today, representing approximately 64,500 underlying shares of GEF. Below is a chart showing GEF's trailing twelve month trading history, with the $55 strike highlighted in orange:

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Cirrus Logic, Inc. ( CRUS) saw options trading volume of 4,340 contracts, representing approximately 434,000 underlying shares or approximately 56.2% of CRUS's average daily trading volume over the past month, of 772,575 shares. Particularly high volume was seen for the $60 strike put option expiring July 21, 2017, with 254 contracts trading so far today, representing approximately 25,400 underlying shares of CRUS. Below is a chart showing CRUS's trailing twelve month trading history, with the $60 strike highlighted in orange:

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And Finish Line, Inc. ( FINL) options are showing a volume of 10,258 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 51.2% of FINL's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $14 strike put option expiring August 18, 2017, with 5,796 contracts trading so far today, representing approximately 579,600 underlying shares of FINL. Below is a chart showing FINL's trailing twelve month trading history, with the $14 strike highlighted in orange:

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