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Notable Friday Option Activity: NVDA, NFLX, ILMN

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in NVIDIA Corp (NVDA), where a total volume of 163,207 contracts has been traded thus far today, a contract volume which is representative of approximately 16.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 232% of NVDA's average daily trading volume over the past month, of 7.0 million shares..
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