Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Warner Bros Discovery Inc (WBD), where a total volume of 141,118 contracts has been traded thus far today, a contract volume which is representative of approximately 14.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 52.6% of WBD's average daily trading volume over the past month, of 26.8 million shares..