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Notable Monday Option Activity: UA, LRCX, CRM

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Under Armour Inc (UA), where a total volume of 11,174 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 61.2% of UA's average daily trading volume over the past month, of 1.8 million shares..
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