Noteworthy Friday Option Activity: NX, SLM, DBX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Quanex Building Products Corp (NX), where a total volume of 1,169 contracts has been traded thus far today, a contract volume which is representative of approximately 116,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 103.6% of NX's average daily trading volume over the past month, of 112,840 shares..