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Notable Thursday Option Activity: ULTA, LULU, SBH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Ulta Beauty Inc (ULTA), where a total volume of 12,724 contracts has been traded thus far today, a contract volume which is representative of approximately 1.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 162.9% of ULTA's average daily trading volume over the past month, of 781,280 shares..
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