Notable Tuesday Option Activity: LNKD, BWLD, ALGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in LinkedIn Corp (LNKD), where a total volume of 5,586 contracts has been traded thus far today, a contract volume which is representative of approximately 558,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 53% of LNKD's average daily trading volume over the past month, of 1.1 million shares..