Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Atlassian Corp (TEAM), where a total volume of 16,835 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 101.1% of TEAM's average daily trading volume over the past month, of 1.7 million shares..