Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Galena Biopharma Inc (GALE), where a total volume of 7,760 contracts has been traded thus far today, a contract volume which is representative of approximately 776,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.1% of GALE's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $5 strike call option expiring January 19, 2018, with 2,450 contracts trading so far today, representing approximately 245,000 underlying shares of GALE. Below is a chart showing GALE's trailing twelve month trading history, with the $5 strike highlighted in orange:

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Abercrombie & Fitch Co. ( ANF) saw options trading volume of 12,181 contracts, representing approximately 1.2 million underlying shares or approximately 49.9% of ANF's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $27 strike call option expiring June 17, 2016, with 2,078 contracts trading so far today, representing approximately 207,800 underlying shares of ANF. Below is a chart showing ANF's trailing twelve month trading history, with the $27 strike highlighted in orange:

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And Veeva Systems Inc ( VEEV) saw options trading volume of 4,476 contracts, representing approximately 447,600 underlying shares or approximately 49.8% of VEEV's average daily trading volume over the past month, of 897,965 shares. Particularly high volume was seen for the $31 strike call option expiring September 16, 2016, with 2,020 contracts trading so far today, representing approximately 202,000 underlying shares of VEEV. Below is a chart showing VEEV's trailing twelve month trading history, with the $31 strike highlighted in orange:

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For the various different available expirations for GALE options, ANF options, or VEEV options, visit StockOptionsChannel.com.