SLNO Making Waves in Options Trading
When it comes to options trading on the Russell 3000 index, Soleno Therapeutics Inc (SLNO) is hogging the limelight today. A whopping 19,237 contracts have exchanged hands, reflecting about 1.9 million underlying shares. This frenzied activity amounts to a staggering 386.3% of SLNO’s average daily trading volume over the last month. The $40 strike put option expiring on January 17, 2025, is particularly hogging the attention, with 5,114 contracts maneuvered so far, equivalent to roughly 511,400 SLNO shares.
PENN Entertainment Inc: Unwrapping the Options Drama
PENN Entertainment Inc (PENN) is dancing to the tune of options action today, with a trading volume of 50,259 contracts, representing about 5.0 million underlying shares. That amount represents approximately 151.6% of PENN’s average daily trading volume in the past month. The $17.50 strike put option expiring on January 17, 2025, has taken center stage, with 7,493 contracts traded, symbolizing close to 749,300 PENN shares.
AMD: Options Buzzing Around
In a whirlwind of numbers, Advanced Micro Devices Inc (AMD) has seen 443,394 contracts change hands, indicating about 44.3 million underlying shares. This wild ride corresponds to roughly 135.9% of AMD’s average daily trading volume in the past month. The $167.50 strike put option expiring on October 11, 2024, has been the star of the show, with an impressive 42,000 contracts traded, equivalent to around 4.2 million AMD shares.
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