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Notable Friday Option Activity: M, FEYE, CLBK

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Macy's Inc (M), where a total volume of 104,288 contracts has been traded thus far today, a contract volume which is representative of approximately 10.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.4% of M's average daily trading volume over the past month, of 21.5 million shares..
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