Notable Wednesday Option Activity: JPM, SBH, ROKU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in JPMorgan Chase & Co (JPM), where a total volume of 83,157 contracts has been traded thus far today, a contract volume which is representative of approximately 8.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 59.8% of JPM's average daily trading volume over the past month, of 13.9 million shares..