Notable Monday Option Activity: UI, CAR, VEEV

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ubiquiti Inc (UI), where a total volume of 383 contracts has been traded thus far today, a contract volume which is representative of approximately 38,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.7% of UI's average daily trading volume over the past month, of 75,575 shares..