Noteworthy Monday Option Activity: JBLU, ZION, CLF

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in JetBlue Airways Corp (JBLU), where a total volume of 67,192 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of JBLU's average daily trading volume over the past month, of 15.5 million shares..