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Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Cinemark Holdings Inc (CNK), where a total volume of 38,704 contracts has been traded thus far today, a contract volume which is representative of approximately 3.9 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 97.5% of CNK's average daily trading volume over the past month, of 4.0 million shares..