Notable Wednesday Option Activity: NDLS, PETS, DELL
May 12, 2021 at 15:30 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Noodles & Co (NDLS), where a total volume of 1,659 contracts has been traded thus far today, a contract volume which is representative of approximately 165,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.4% of NDLS's average daily trading volume over the past month, of 284,065 shares..