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Notable Friday Option Activity: HIBB, PARA, SBNY

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hibbett Inc (HIBB), where a total volume of 1,534 contracts has been traded thus far today, a contract volume which is representative of approximately 153,400 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 47.8% of HIBB's average daily trading volume over the past month, of 320,895 shares..
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