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23 April
Noteworthy Tuesday Option Activity: PAG, LRN, CYTK

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Penske Automotive Group Inc (Symbol: PAG), where a total of 1,129 contracts have traded so far, representing approximately 112,900 underlying shares. That amounts to about 56.9% of PAG's average daily trading volume over the past month of 198,265 shares. Particularly high volume was seen for the $130 strike put option expiring May 17, 2024, with 916 contracts trading so far today, representing approximately 91,600 underlying shares of PAG. Below is a chart showing PAG's trailing twelve month trading history, with the $130 strike highlighted in orange:

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Stride Inc (Symbol: LRN) options are showing a volume of 3,421 contracts thus far today. That number of contracts represents approximately 342,100 underlying shares, working out to a sizeable 56.8% of LRN's average daily trading volume over the past month, of 602,815 shares. Particularly high volume was seen for the $55 strike put option expiring May 17, 2024, with 1,938 contracts trading so far today, representing approximately 193,800 underlying shares of LRN. Below is a chart showing LRN's trailing twelve month trading history, with the $55 strike highlighted in orange:

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And Cytokinetics Inc (Symbol: CYTK) options are showing a volume of 7,431 contracts thus far today. That number of contracts represents approximately 743,100 underlying shares, working out to a sizeable 56.8% of CYTK's average daily trading volume over the past month, of 1.3 million shares. Especially high volume was seen for the $55 strike put option expiring May 17, 2024, with 3,101 contracts trading so far today, representing approximately 310,100 underlying shares of CYTK. Below is a chart showing CYTK's trailing twelve month trading history, with the $55 strike highlighted in orange:

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For the various different available expirations for PAG options, LRN options, or CYTK options, visit StockOptionsChannel.com.

Also see:

Funds Holding TMTC
Intuitive Surgical market cap history
DESP Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.