Notable Thursday Option Activity: TPC, CVNA, AZO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Tutor Perini Corp (TPC), where a total volume of 5,471 contracts has been traded thus far today, a contract volume which is representative of approximately 547,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 93% of TPC's average daily trading volume over the past month, of 588,465 shares..