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Notable Wednesday Option Activity: NXST, ADBE, MGPI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Nexstar Media Group Inc (NXST), where a total volume of 4,124 contracts has been traded thus far today, a contract volume which is representative of approximately 412,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 101.4% of NXST's average daily trading volume over the past month, of 406,525 shares..
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