Notable Wednesday Option Activity: ADT, ADNT, CAKE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ADT Inc (ADT), where a total volume of 26,731 contracts has been traded thus far today, a contract volume which is representative of approximately 2.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 67.6% of ADT's average daily trading volume over the past month, of 4.0 million shares..
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