Notable Wednesday Option Activity: WOW, WOOF, HUM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in WideOpenWest Inc (WOW), where a total volume of 7,537 contracts has been traded thus far today, a contract volume which is representative of approximately 753,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 119.6% of WOW's average daily trading volume over the past month, of 630,350 shares..