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Notable Friday Option Activity: XOM, AKAM, MDT

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Exxon Mobil Corp (XOM), where a total volume of 136,790 contracts has been traded thus far today, a contract volume which is representative of approximately 13.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 74.7% of XOM's average daily trading volume over the past month, of 18.3 million shares..
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