Noteworthy Friday Option Activity: IAC, OLED, DUK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in IAC/InterActiveCorp (IAC), where a total volume of 3,875 contracts has been traded thus far today, a contract volume which is representative of approximately 387,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.6% of IAC's average daily trading volume over the past month, of 766,510 shares..
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