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Noteworthy Tuesday Option Activity: PEG, IBM, KO Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Public Service Enterprise Group Inc (NYSE: PEG), where a total volume of 12,012 contracts has been traded thus far today, a contract volume which is representative of approximately 1.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 42.9% of PEG's average daily trading volume over the past month, of 2.8 million shares....
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