Notable Tuesday Option Activity: LMND, SCHN, SMG
April 06, 2021 at 16:01 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lemonade Inc (LMND), where a total volume of 18,010 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 62.4% of LMND's average daily trading volume over the past month, of 2.9 million shares..