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Notable Thursday Option Activity: AMD, MCD, ALGT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Advanced Micro Devices Inc (AMD), where a total volume of 260,484 contracts has been traded thus far today, a contract volume which is representative of approximately 26.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.1% of AMD's average daily trading volume over the past month, of 56.5 million shares..
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