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Noteworthy Tuesday Option Activity: COHR, BOFI, PAYC

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Coherent Inc (COHR), where a total volume of 1,240 contracts has been traded thus far today, a contract volume which is representative of approximately 124,000 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.2% of COHR's average daily trading volume over the past month, of 286,985 shares..
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