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Noteworthy Friday Option Activity: TRN, SQ, NKTR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Trinity Industries, Inc. (TRN), where a total volume of 14,693 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares)..
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