Notable Monday Option Activity: NET, WGO, STNG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CloudFlare Inc (NET), where a total volume of 31,707 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.2% of NET's average daily trading volume over the past month, of 3.7 million shares..