Notable Monday Option Activity: FIT, SAFM, SGEN

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Fitbit Inc (FIT), where a total volume of 37,562 contracts has been traded thus far today, a contract volume which is representative of approximately 3.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67% of FIT's average daily trading volume over the past month, of 5.6 million shares..
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