Noteworthy Monday Option Activity: TMCI, ZS, COIN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Treace Medical Concepts Inc (TMCI), where a total volume of 8,023 contracts has been traded thus far today, a contract volume which is representative of approximately 802,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 203.9% of TMCI's average daily trading volume over the past month, of 393,520 shares..