Noteworthy Wednesday Option Activity: LVS, SBNY, C

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Las Vegas Sands Corp (LVS), where a total volume of 55,295 contracts has been traded thus far today, a contract volume which is representative of approximately 5.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64.9% of LVS's average daily trading volume over the past month, of 8.5 million shares..