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Noteworthy Tuesday Option Activity: CBB, S, FLT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cincinnati Bell Inc (CBB), where a total volume of 2,000 contracts has been traded thus far today, a contract volume which is representative of approximately 200,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.2% of CBB's average daily trading volume over the past month, of 473,835 shares..
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