Noteworthy Thursday Option Activity: TCDA, Z, BBBY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tricida Inc (TCDA), where a total volume of 8,284 contracts has been traded thus far today, a contract volume which is representative of approximately 828,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 92.8% of TCDA's average daily trading volume over the past month, of 893,040 shares..