Notable Friday Option Activity: SFLY, LVS, LNKD

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Shutterfly Inc (SFLY), where a total volume of 3,001 contracts has been traded thus far today, a contract volume which is representative of approximately 300,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.1% of SFLY's average daily trading volume over the past month, of 525,500 shares..
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