Notable Monday Option Activity: CYNO, DXCM, RATE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cynosure Inc (CYNO), where a total volume of 1,327 contracts has been traded thus far today, a contract volume which is representative of approximately 132,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46% of CYNO's average daily trading volume over the past month, of 288,240 shares..