Noteworthy Wednesday Option Activity: ITT, MTZ, ENVX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ITT Inc (ITT), where a total volume of 6,440 contracts has been traded thus far today, a contract volume which is representative of approximately 644,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 148.1% of ITT's average daily trading volume over the past month, of 434,930 shares..