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Noteworthy Friday Option Activity: AMSWA, IT, BAC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in American Software Inc (AMSWA), where a total volume of 440 contracts has been traded thus far today, a contract volume which is representative of approximately 44,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.7% of AMSWA's average daily trading volume over the past month, of 90,360 shares..
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