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Notable Wednesday Option Activity: NOC, AMBC, CCL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Northrop Grumman Corp (NOC), where a total volume of 4,633 contracts has been traded thus far today, a contract volume which is representative of approximately 463,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.2% of NOC's average daily trading volume over the past month, of 961,780 shares..
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