Noteworthy Wednesday Option Activity: NXST, LE, BMY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nexstar Media Group Inc (NXST), where a total volume of 2,212 contracts has been traded thus far today, a contract volume which is representative of approximately 221,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63.5% of NXST's average daily trading volume over the past month, of 348,475 shares..