Noteworthy Friday Option Activity: TTD, AVXL, PACK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in The Trade Desk Inc (TTD), where a total volume of 27,984 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.1% of TTD's average daily trading volume over the past month, of 4.1 million shares..