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Noteworthy Wednesday Option Activity: LE, IIPR, AVYA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Lands' End Inc (LE), where a total volume of 944 contracts has been traded thus far today, a contract volume which is representative of approximately 94,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.3% of LE's average daily trading volume over the past month, of 208,260 shares..
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