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Noteworthy Wednesday Option Activity: BCOV, LITE, PANW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Brightcove Inc (BCOV), where a total volume of 4,219 contracts has been traded thus far today, a contract volume which is representative of approximately 421,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 85.5% of BCOV's average daily trading volume over the past month, of 493,435 shares..
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