Noteworthy Wednesday Option Activity: CAB, VDSI, NOV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cabelas Inc (CAB), where a total volume of 2,902 contracts has been traded thus far today, a contract volume which is representative of approximately 290,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.3% of CAB's average daily trading volume over the past month, of 686,260 shares..