Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Scholastic Corp (Symbol: SCHL), where a total volume of 4,297 contracts has been traded thus far today, a contract volume which is representative of approximately 429,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 90.7% of SCHL's average daily trading volume over the past month, of 473,955 shares. Particularly high volume was seen for the $40 strike call option expiring October 16, 2026 , with 4,016 contracts trading so far today, representing approximately 401,600 underlying shares of SCHL.
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