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04 June
Noteworthy Tuesday Option Activity: VKTX, CERE, IGT

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Viking Therapeutics Inc (Symbol: VKTX), where a total of 40,457 contracts have traded so far, representing approximately 4.0 million underlying shares. That amounts to about 133.9% of VKTX's average daily trading volume over the past month of 3.0 million shares. Especially high volume was seen for the $100 strike call option expiring July 19, 2024, with 2,255 contracts trading so far today, representing approximately 225,500 underlying shares of VKTX. Below is a chart showing VKTX's trailing twelve month trading history, with the $100 strike highlighted in orange:

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Cerevel Therapeutics Holdings Inc (Symbol: CERE) options are showing a volume of 9,941 contracts thus far today. That number of contracts represents approximately 994,100 underlying shares, working out to a sizeable 93.5% of CERE's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $40 strike put option expiring June 21, 2024, with 2,553 contracts trading so far today, representing approximately 255,300 underlying shares of CERE. Below is a chart showing CERE's trailing twelve month trading history, with the $40 strike highlighted in orange:

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And International Game Technology PLC (Symbol: IGT) saw options trading volume of 9,746 contracts, representing approximately 974,600 underlying shares or approximately 89.8% of IGT's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $21 strike call option expiring June 21, 2024, with 4,905 contracts trading so far today, representing approximately 490,500 underlying shares of IGT. Below is a chart showing IGT's trailing twelve month trading history, with the $21 strike highlighted in orange:

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For the various different available expirations for VKTX options, CERE options, or IGT options, visit StockOptionsChannel.com.

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