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Notable Friday Option Activity: GTES, SF, HZNP

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Gates Industrial Corp PLC (GTES), where a total volume of 2,470 contracts has been traded thus far today, a contract volume which is representative of approximately 247,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of GTES's average daily trading volume over the past month, of 595,675 shares..
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