Notable Friday Option Activity: URI, NUE, FCX

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in United Rentals Inc (URI), where a total volume of 5,492 contracts has been traded thus far today, a contract volume which is representative of approximately 549,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 87.8% of URI's average daily trading volume over the past month, of 625,505 shares..
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