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Notable Tuesday Option Activity: FOXA, CAT, DVA

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Twenty-First Century Fox Inc (FOXA), where a total volume of 112,361 contracts has been traded thus far today, a contract volume which is representative of approximately 11.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67% of FOXA's average daily trading volume over the past month, of 16.8 million shares..
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