Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in LinkedIn Corp (NYSE: LNKD), where a total volume of 4,761 contracts has been traded thus far today, a contract volume which is representative of approximately 476,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.7% of LNKD's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $200 strike call option expiring January 20, 2017, with 768 contracts trading so far today, representing approximately 76,800 underlying shares of LNKD. Below is a chart showing LNKD's trailing twelve month trading history, with the $200 strike highlighted in orange:
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