Noteworthy Tuesday Option Activity: VXRT, GMS, TSLA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Vaxart Inc (VXRT), where a total volume of 178,961 contracts has been traded thus far today, a contract volume which is representative of approximately 17.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 511.9% of VXRT's average daily trading volume over the past month, of 3.5 million shares..