Notable Wednesday Option Activity: UNH, TEAM, ANF

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in UnitedHealth Group Inc (UNH), where a total volume of 23,007 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.1% of UNH's average daily trading volume over the past month, of 4.8 million shares..