Options Trading Activity Highlights
On Wednesday, notable options trading activity was observed in several stocks.
Lyft (LYFT)
Saw a significant volume in its $16 strike call options expiring on August 15, 2025, with over 10,500 contracts traded, equating to roughly 1.1 million shares. A chart illustrating LYFT's last year's trading performance highlights the $16 strike in orange.
PENN Entertainment (PENN)
Experienced a substantial options volume, with 22,739 contracts traded, representing about 2.3 million shares or approximately 60.6% of its average daily trading volume of 3.8 million shares over the past month. The most active was the $22 strike call option set to expire on October 17, 2025, with 15,526 contracts traded, corresponding to about 1.6 million shares. A visual of PENN's 12-month trading history emphasizes the $22 strike in orange.
Golar LNG Ltd (GLNG)
Also saw increased activity, with nearly 5,000 contracts traded in its $45 strike call options expiring on January 16, 2026. This volume reflects approximately 498,700 shares, about 58.7% of its average daily volume of 849,275 shares. The chart below shows GLNG's year...