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Noteworthy Thursday Option Activity: ZG, Z, OLED

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Zillow Group Inc (ZG), where a total volume of 7,960 contracts has been traded thus far today, a contract volume which is representative of approximately 796,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 133% of ZG's average daily trading volume over the past month, of 598,375 shares..
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