Notable Wednesday Option Activity: TLYS, AAOI, TPX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tilly's Inc (TLYS), where a total volume of 954 contracts has been traded thus far today, a contract volume which is representative of approximately 95,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 119.3% of TLYS's average daily trading volume over the past month, of 79,980 shares..