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Noteworthy Monday Option Activity: CRUS, TCX, SQ

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cirrus Logic Inc (CRUS), where a total volume of 6,462 contracts has been traded thus far today, a contract volume which is representative of approximately 646,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.1% of CRUS's average daily trading volume over the past month, of 935,200 shares..
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