Noteworthy Wednesday Option Activity: IONQ, PRAX, RTX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ionq Inc (IONQ), where a total volume of 87,470 contracts has been traded thus far today, a contract volume which is representative of approximately 8.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51.8% of IONQ's average daily trading volume over the past month, of 16.9 million shares..