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Notable Thursday Option Activity: ECHO, C, SFIX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Echo Global Logistics Inc (ECHO), where a total volume of 2,013 contracts has been traded thus far today, a contract volume which is representative of approximately 201,300 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 75.7% of ECHO's average daily trading volume over the past month, of 266,025 shares..
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