Notable Wednesday Option Activity: WYNN, CBOE, CERN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Wynn Resorts Ltd (WYNN), where a total volume of 15,115 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.5% of WYNN's average daily trading volume over the past month, of 2.1 million shares..
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