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Noteworthy Wednesday Option Activity: UAA, ENPH, FIVE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Under Armour Inc (UAA), where a total volume of 21,541 contracts has been traded thus far today, a contract volume which is representative of approximately 2.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of UAA's average daily trading volume over the past month, of 5.2 million shares..
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