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Noteworthy Monday Option Activity: WFC, LRCX, LL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Wells Fargo & Co (WFC), where a total volume of 198,290 contracts has been traded thus far today, a contract volume which is representative of approximately 19.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50% of WFC's average daily trading volume over the past month, of 39.6 million shares..
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