Notable Thursday Option Activity: BJ, NCNO, TBPH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in BJ's Wholesale Club Holdings Inc (BJ), where a total volume of 9,562 contracts has been traded thus far today, a contract volume which is representative of approximately 956,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.7% of BJ's average daily trading volume over the past month, of 1.2 million shares..