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Notable Tuesday Option Activity: ORCL, IFF, FLIR

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Oracle Corp (ORCL), where a total volume of 90,017 contracts has been traded thus far today, a contract volume which is representative of approximately 9.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 88.5% of ORCL's average daily trading volume over the past month, of 10.2 million shares..
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