Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Stride Inc (LRN), where a total volume of 11,821 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80% of LRN's average daily trading volume over the past month, of 1.5 million shares..