Notable Friday Option Activity: LSXMA, MTZ, NFLX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Liberty Media Corp - SiriusXM Group (LSXMA), where a total volume of 32,811 contracts has been traded thus far today, a contract volume which is representative of approximately 3.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 594.7% of LSXMA's average daily trading volume over the past month, of 551,730 shares..