Notable Monday Option Activity: LEN, TCBI, TOL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lennar Corp (LEN), where a total volume of 9,810 contracts has been traded thus far today, a contract volume which is representative of approximately 981,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of LEN's average daily trading volume over the past month, of 2.0 million shares..