Notable Friday Option Activity: NDLS, RILY, WDAY

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 2,202 contracts has been traded thus far today, a contract volume which is representative of approximately 220,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 77.5% of NDLS's average daily trading volume over the past month, of 284,135 shares..