Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Madison Square Garden Entertainment Corp (MSGE), where a total volume of 3,684 contracts has been traded thus far today, a contract volume which is representative of approximately 368,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.9% of MSGE's average daily trading volume over the past month, of 380,060 shares..