Noteworthy Tuesday Option Activity: ABG, BOWL, ADM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Asbury Automotive Group Inc (ABG), where a total volume of 1,078 contracts has been traded thus far today, a contract volume which is representative of approximately 107,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.5% of ABG's average daily trading volume over the past month, of 175,190 shares..