Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Sanderson Farms Inc (SAFM), where a total volume of 3,001 contracts has been traded thus far today, a contract volume which is representative of approximately 300,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88.8% of SAFM's average daily trading volume over the past month, of 337,820 shares..