Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Kyndryl Holdings Inc (KD), where a total volume of 26,376 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 121.4% of KD's average daily trading volume over the past month, of 2.2 million shares..