Noteworthy Thursday Option Activity: NVDA, RDFN, ITCI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in NVIDIA Corp (NVDA), where a total volume of 110,081 contracts has been traded thus far today, a contract volume which is representative of approximately 11.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.4% of NVDA's average daily trading volume over the past month, of 14.8 million shares..