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Noteworthy Monday Option Activity: NOG, TWNK, AMBA

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Northern Oil & Gas Inc (NOG), where a total volume of 8,419 contracts has been traded thus far today, a contract volume which is representative of approximately 841,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.8% of NOG's average daily trading volume over the past month, of 980,835 shares..
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