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Noteworthy Wednesday Option Activity: SPOT, FDX, AMR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Spotify Technology SA (SPOT), where a total volume of 6,893 contracts has been traded thus far today, a contract volume which is representative of approximately 689,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.1% of SPOT's average daily trading volume over the past month, of 1.5 million shares..
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