Noteworthy Tuesday Option Activity: KMPH, SGH, NOG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in KemPharm Inc (KMPH), where a total volume of 4,238 contracts has been traded thus far today, a contract volume which is representative of approximately 423,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 94.8% of KMPH's average daily trading volume over the past month, of 447,195 shares..