Notable Tuesday Option Activity: UNP, ULTA, ABBV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Union Pacific Corp (NYSE: UNP), where a total volume of 26,791 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.4% of UNP's average daily trading volume over the past month, of 4.9 million shares. Particularl...