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Notable Friday Option Activity: CARA, CLVS, TCX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cara Therapeutics Inc (CARA), where a total volume of 2,212 contracts has been traded thus far today, a contract volume which is representative of approximately 221,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.8% of CARA's average daily trading volume over the past month, of 493,555 shares..
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