Noteworthy Wednesday Option Activity: MITT, MTGE, SPNC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AG Mortgage Investment Trust Inc (MITT), where a total volume of 5,296 contracts has been traded thus far today, a contract volume which is representative of approximately 529,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 284.3% of MITT's average daily trading volume over the past month, of 186,290 shares..