Notable Thursday Option Activity: TPB, TDC, VRSN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Turning Point Brands Inc (TPB), where a total volume of 1,137 contracts has been traded thus far today, a contract volume which is representative of approximately 113,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.7% of TPB's average daily trading volume over the past month, of 154,320 shares..