Noteworthy Monday Option Activity: AX, PLTR, HOOD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axos Financial Inc (AX), where a total volume of 9,629 contracts has been traded thus far today, a contract volume which is representative of approximately 962,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 116.5% of AX's average daily trading volume over the past month, of 826,205 shares..