Noteworthy Friday Option Activity: TSLA, ETH, ABCO

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Tesla Inc (Symbol: TSLA), where a total of 315,793 contracts have traded so far, representing approximately 31.6 million underlying shares. That amounts to about 335.9% of TSLA's average daily trading volume over the past month of 9.4 million shares. Particularly high volume was seen for the $315 strike call option expiring July 07, 2017 , with 29,290 contracts trading so far today, representing approximately 2.9 million underlying shares of TSLA. Below is a chart showing TSLA's trailing twelve month trading history, with the $315 strike highlighted in orange:

Ethan Allen Interiors, Inc. (Symbol: ETH) options are showing a volume of 10,160 contracts thus far today. That number of contracts represents approximately 1.0 million underlying shares, working out to a sizeable 326% of ETH's average daily trading volume over the past month, of 311,635 shares. Particularly high volume was seen for the $25 strike put option expiring August 18, 2017 , with 3,552 contracts trading so far today, representing approximately 355,200 underlying shares of ETH. Below is a chart showing ETH's trailing twelve month trading history, with the $25 strike highlighted in orange:

And Advisory Board Company (Symbol: ABCO) saw options trading volume of 4,866 contracts, representing approximately 486,600 underlying shares or approximately 122.5% of ABCO's average daily trading volume over the past month, of 397,375 shares. Particularly high volume was seen for the $55 strike put option expiring August 18, 2017 , with 1,903 contracts trading so far today, representing approximately 190,300 underlying shares of ABCO. Below is a chart showing ABCO's trailing twelve month trading history, with the $55 strike highlighted in orange: