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Notable Wednesday Option Activity: CMG, EMR, IP Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Chipotle Mexican Grill Inc (NYSE: CMG), where a total volume of 13,886 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68% of CMG's average daily trading volume over the past month, of 2.0 million shares. Particular...
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