Noteworthy Friday Option Activity: BECN, MDB, TEN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Beacon Roofing Supply Inc (BECN), where a total volume of 1,732 contracts has been traded thus far today, a contract volume which is representative of approximately 173,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.6% of BECN's average daily trading volume over the past month, of 252,495 shares..