Notable Tuesday Option Activity: LW, RBLX, INCY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lamb Weston Holdings Inc (LW), where a total volume of 10,053 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 50.9% of LW's average daily trading volume over the past month, of 2.0 million shares..