Noteworthy Thursday Option Activity: NTGR, NRDS, SABR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netgear Inc (NTGR), where a total volume of 5,126 contracts has been traded thus far today, a contract volume which is representative of approximately 512,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 107.7% of NTGR's average daily trading volume over the past month, of 475,950 shares..