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Notable Wednesday Option Activity: SFLY, CENX, TSLA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Shutterfly Inc (SFLY), where a total volume of 10,438 contracts has been traded thus far today, a contract volume which is representative of approximately 1.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 181% of SFLY's average daily trading volume over the past month, of 576,780 shares..
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