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Noteworthy Monday Option Activity: BBIO, FL, MGM

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in BridgeBio Pharma Inc (BBIO), where a total volume of 5,512 contracts has been traded thus far today, a contract volume which is representative of approximately 551,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.5% of BBIO's average daily trading volume over the past month, of 942,465 shares..
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