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Noteworthy Friday Option Activity: CACC, FCX, RGLD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Credit Acceptance Corp (CACC), where a total volume of 1,288 contracts has been traded thus far today, a contract volume which is representative of approximately 128,800 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.8% of CACC's average daily trading volume over the past month, of 253,580 shares..
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