Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lowe's Companies Inc (LOW), where a total volume of 10,131 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.3% of LOW's average daily trading volume over the past month, of 2.0 million shares..