Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Netflix Inc (NFLX), where a total volume of 90,480 contracts has been traded thus far today, a contract volume which is representative of approximately 9.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 210.1% of NFLX's average daily trading volume over the past month, of 4.3 million shares..