Noteworthy Monday Option Activity: CRNC, AXTA, REPH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cerence Inc (CRNC), where a total volume of 4,977 contracts has been traded thus far today, a contract volume which is representative of approximately 497,700 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.1% of CRNC's average daily trading volume over the past month, of 828,800 shares..
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