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Noteworthy Friday Option Activity: CHTR, UAA, ORLY

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Charter Communications Inc (CHTR), where a total volume of 4,950 contracts has been traded thus far today, a contract volume which is representative of approximately 495,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 63% of CHTR's average daily trading volume over the past month, of 785,460 shares..
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