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Notable Monday Option Activity: ORCL, X, SIG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Oracle Corp (ORCL), where a total volume of 70,382 contracts has been traded thus far today, a contract volume which is representative of approximately 7.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.9% of ORCL's average daily trading volume over the past month, of 12.6 million shares..
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