Noteworthy Wednesday Option Activity: C, SAM, PNC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Citigroup Inc (C), where a total volume of 114,244 contracts has been traded thus far today, a contract volume which is representative of approximately 11.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 57.2% of C's average daily trading volume over the past month, of 20.0 million shares..
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