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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lemonade Inc (Symbol: LMND), where a total volume of 5,439 contracts has been traded thus far today, a contract volume which is representative of approximately 543,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.7% of LMND's average daily trading volume over the past month, of 1.2 million shares. Especially high volume was seen for the $17.50 strike call option expiring July 19, 2024, with 940 contracts trading so far today, representing approximately 94,000 underlying shares of LMND. Below is a chart showing LMND's trailing twelve month trading history, with the $17.50 strike highlighted in orange:

Rivian Automotive Inc (Symbol: RIVN) options are showing a volume of 122,174 contracts thus far today. That number of contracts represents approximately 12.2 million underlying shares, working out to a sizeable 43.2% of RIVN's average daily trading volume over the past month, of 28.3 million shares. Particularly high volume was seen for the $11 strike call option expiring June 28, 2024, with 14,336 contracts trading so far today, representing approximately 1.4 million underlying shares of RIVN. Below is a chart showing RIVN's trailing twelve month trading history, with the $11 strike highlighted in orange:

And Kohl's Corp. (Symbol: KSS) saw options trading volume of 32,987 contracts, representing approximately 3.3 million underlying shares or approximately 43% of KSS's average daily trading volume over the past month, of 7.7 million shares. Particularly high volume was seen for the $24 strike call option expiring June 28, 2024, with 6,627 contracts trading so far today, representing approximately 662,700 underlying shares of KSS. Below is a chart showing KSS's trailing twelve month trading history, with the $24 strike highlighted in orange:

For the various different available expirations for LMND options, RIVN options, or KSS options, visit StockOptionsChannel.com.

Also see:

Funds Holding SCD
ABCO Options Chain
MAGS Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.