Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Rivian Automotive Inc (Symbol: RIVN), where a total volume of 107,237 contracts has been traded thus far today, a contract volume which is representative of approximately 10.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.6% of RIVN's average daily trading volume over the past month, of 20.8 million shares. Particularly high volume was seen for the $15 strike call option expiring October 02, 2026 , with 16,416 contracts trading so far today, representing approximately 1.6 million underlying shares of RIVN.
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