Notable Monday Option Activity: AXON, ANET, OFG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axovant Sciences Ltd (AXON), where a total volume of 4,802 contracts has been traded thus far today, a contract volume which is representative of approximately 480,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 143.3% of AXON's average daily trading volume over the past month, of 335,155 shares..