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Notable Friday Option Activity: LOCO, HUBS, CAR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in El Pollo Loco Holdings Inc (LOCO), where a total volume of 4,246 contracts has been traded thus far today, a contract volume which is representative of approximately 424,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 157.3% of LOCO's average daily trading volume over the past month, of 269,955 shares..
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