Noteworthy Wednesday Option Activity: NDLS, ADTN, CAR

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 2,125 contracts has been traded thus far today, a contract volume which is representative of approximately 212,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 76.9% of NDLS's average daily trading volume over the past month, of 276,255 shares..