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Notable Friday Option Activity: CSCO, DE, DPZ

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Cisco Systems Inc (CSCO), where a total volume of 82,217 contracts has been traded thus far today, a contract volume which is representative of approximately 8.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.2% of CSCO's average daily trading volume over the past month, of 19.5 million shares..
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