Noteworthy Tuesday Option Activity: RELY, CCK, IDTI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Real Industry Inc (RELY), where a total volume of 5,051 contracts has been traded thus far today, a contract volume which is representative of approximately 505,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 300.3% of RELY's average daily trading volume over the past month, of 168,175 shares..