Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Covenant Logistics Group Inc (CVLG), where a total volume of 4,089 contracts has been traded thus far today, a contract volume which is representative of approximately 408,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 477.7% of CVLG's average daily trading volume over the past month, of 85,595 shares..

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