Noteworthy Monday Option Activity: UPL, DE, URI
October 16, 2017 at 11:24 AM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ultra Petroleum Corp (UPL), where a total volume of 24,117 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.9% of UPL's average daily trading volume over the past month, of 1.9 million shares..