Notable Wednesday Option Activity: TJX, RLI, AFRM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in TJX Companies (TJX), where a total volume of 24,270 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.3% of TJX's average daily trading volume over the past month, of 5.6 million shares..