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Notable Wednesday Option Activity: QCOM, CRM, VZ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qualcomm Inc (QCOM), where a total volume of 35,558 contracts has been traded thus far today, a contract volume which is representative of approximately 3.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.6% of QCOM's average daily trading volume over the past month, of 7.3 million shares..
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