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Noteworthy Friday Option Activity: EROS, IT, IBM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Eros International plc (EROS), where a total volume of 1,201 contracts has been traded thus far today, a contract volume which is representative of approximately 120,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.9% of EROS's average daily trading volume over the past month, of 218,635 shares..
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