Noteworthy Monday Option Activity: PTON, NOVA, LNC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Peloton Interactive Inc (PTON), where a total volume of 287,857 contracts has been traded thus far today, a contract volume which is representative of approximately 28.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107.7% of PTON's average daily trading volume over the past month, of 26.7 million shares..