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Noteworthy Friday Option Activity: UVE, CNTY, ALGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Insurance Holdings Inc (UVE), where a total volume of 1,997 contracts has been traded thus far today, a contract volume which is representative of approximately 199,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 96.2% of UVE's average daily trading volume over the past month, of 207,670 shares..
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