Notable Thursday Option Activity: UVV, SEAS, COTY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Corp (UVV), where a total volume of 1,104 contracts has been traded thus far today, a contract volume which is representative of approximately 110,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 78.2% of UVV's average daily trading volume over the past month, of 141,265 shares..