Noteworthy Monday Option Activity: CRWD, SNOW, AXL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CrowdStrike Holdings Inc (CRWD), where a total volume of 19,442 contracts has been traded thus far today, a contract volume which is representative of approximately 1.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88.9% of CRWD's average daily trading volume over the past month, of 2.2 million shares..