Noteworthy Tuesday Option Activity: VLO, AXON, MSFT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Valero Energy Corp (VLO), where a total volume of 147,616 contracts has been traded thus far today, a contract volume which is representative of approximately 14.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 417.6% of VLO's average daily trading volume over the past month, of 3.5 million shares..
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