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Noteworthy Tuesday Option Activity: WM, SBUX, XOM

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Waste Management, Inc. (WM), where a total volume of 7,969 contracts has been traded thus far today, a contract volume which is representative of approximately 796,900 underlying shares (given that every 1 contract represents 100 underlying shares)..
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