Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axos Financial Inc (AX), where a total volume of 1,158 contracts has been traded thus far today, a contract volume which is representative of approximately 115,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.1% of AX's average daily trading volume over the past month, of 240,680 shares..