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Notable Thursday Option Activity: NOW, AZO, CBOE

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in ServiceNow Inc (NOW), where a total volume of 6,749 contracts has been traded thus far today, a contract volume which is representative of approximately 674,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.8% of NOW's average daily trading volume over the past month, of 967,410 shares..
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