Notable Tuesday Option Activity: UVE, INCY, NXPI

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Universal Insurance Holdings Inc (UVE), where a total of 1,525 contracts have traded so far, representing approximately 152,500 underlying shares. That amounts to about 74.9% of UVE's average daily trading volume over the past month of 203,740 shares..