Notable Tuesday Option Activity: RPD, DE, TGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rapid7 Inc (RPD), where a total volume of 1,796 contracts has been traded thus far today, a contract volume which is representative of approximately 179,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.8% of RPD's average daily trading volume over the past month, of 410,265 shares..