Notable Thursday Option Activity: CVS, TWTR, ULTA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in CVS Health Corporation (CVS), where a total volume of 34,289 contracts has been traded thus far today, a contract volume which is representative of approximately 3.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47% of CVS's average daily trading volume over the past month, of 7.3 million shares..
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