Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Live Nation Entertainment Inc (LYV), where a total volume of 16,102 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.8% of LYV's average daily trading volume over the past month, of 2.1 million shares..