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Notable Monday Option Activity: ATI, SAFE, CENX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Allegheny Technologies, Inc (ATI), where a total volume of 6,555 contracts has been traded thus far today, a contract volume which is representative of approximately 655,500 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.9% of ATI's average daily trading volume over the past month, of 1.5 million shares..
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