Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Intel Corp (INTC), where a total volume of 208,562 contracts has been traded thus far today, a contract volume which is representative of approximately 20.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 86.5% of INTC's average daily trading volume over the past month, of 24.1 million shares..