Noteworthy Wednesday Option Activity: NEM, LILA, HD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Newmont Corp (NEM), where a total volume of 40,473 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42% of NEM's average daily trading volume over the past month, of 9.6 million shares..