Notable Wednesday Option Activity: SPGI, MDB, SNEX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Standard and Poors Global Inc (SPGI), where a total volume of 9,212 contracts has been traded thus far today, a contract volume which is representative of approximately 921,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54% of SPGI's average daily trading volume over the past month, of 1.7 million shares..
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