Notable Tuesday Option Activity: ABBV, PH, GRA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in AbbVie Inc (ABBV), where a total volume of 26,301 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.2% of ABBV's average daily trading volume over the past month, of 3.8 million shares..