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Noteworthy Wednesday Option Activity: ALGN, FDX, GLUU

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Align Technology Inc (ALGN), where a total volume of 11,201 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.5% of ALGN's average daily trading volume over the past month, of 2.0 million shares..
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