Notable Friday Option Activity: TSLA, EVRI, TUP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tesla Inc (TSLA), where a total volume of 231,784 contracts has been traded thus far today, a contract volume which is representative of approximately 23.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 196.3% of TSLA's average daily trading volume over the past month, of 11.8 million shares..