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Noteworthy Wednesday Option Activity: ADI, DAL, PVH

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Analog Devices Inc (ADI), where a total volume of 24,172 contracts has been traded thus far today, a contract volume which is representative of approximately 2.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.4% of ADI's average daily trading volume over the past month, of 5.8 million shares..
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