Noteworthy Wednesday Option Activity: FND, GRND, BWXT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Floor & Decor Holdings Inc (FND), where a total volume of 4,730 contracts has been traded thus far today, a contract volume which is representative of approximately 473,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.5% of FND's average daily trading volume over the past month, of 996,640 shares..