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 8,372 contracts has been traded thus far today, a contract volume which is representative of approximately 837,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.9% of LMND's average daily trading volume over the past month, of 1.1 million shares..