Notable Thursday Option Activity: TCS, SMG, TRGP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Container Store Group, Inc (TCS), where a total volume of 8,765 contracts has been traded thus far today, a contract volume which is representative of approximately 876,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.3% of TCS's average daily trading volume over the past month, of 1.4 million shares..