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Notable Friday Option Activity: OLED, AMBA, VECO

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Universal Display Corp (OLED), where a total volume of 3,196 contracts has been traded thus far today, a contract volume which is representative of approximately 319,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.3% of OLED's average daily trading volume over the past month, of 558,060 shares..
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