Notable Thursday Option Activity: LAD, AAWW, UAA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lithia Motors Inc (LAD), where a total volume of 1,837 contracts has been traded thus far today, a contract volume which is representative of approximately 183,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.4% of LAD's average daily trading volume over the past month, of 331,590 shares..
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