Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GXO Logistics Inc (Symbol: GXO), where a total volume of 10,404 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 80.6% of GXO's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $42.50 strike put option expiring November 20, 2026 , with 5,022 contracts trading so far today, representing approximately 502,200 underlying shares of GXO.
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