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Noteworthy Monday Option Activity: NOW, AFL, NAV
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ServiceNow Inc (NOW), where a total volume of 26,243 contracts has been traded thus far today, a contract volume which is representative of approximately 2.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 139% of NOW's average daily trading volume over the past month, of 1.9 million shares..
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