HomeMarket NewsSignificant Midweek Options Activity: MDB, FLG, LNC Highlights

Significant Midweek Options Activity: MDB, FLG, LNC Highlights

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Surge in Options Trading for MongoDB, Flagstar, and Lincoln National

High Activity in MDB Options Highlights Market Interest

Among the components of the Russell 3000 index today, notable options trading was observed in MongoDB Inc (Symbol: MDB). A total of 8,791 contracts have been traded, which equates to approximately 879,100 underlying shares. This represents about 69.7% of MDB’s average daily trading volume of 1.3 million shares over the past month. The $210 strike put option expiring on November 15, 2024, saw particularly high interest, with 1,416 contracts traded today, covering around 141,600 shares of MDB. The chart below illustrates MDB’s trading history over the past twelve months, with the $210 strike marked in orange:

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Flagstar Financial’s Options Volume Indicates Market Dynamics

Flagstar Financial Inc (Symbol: FLG) also experienced significant options trading, with 39,850 contracts changing hands. This volume translates to approximately 4 million underlying shares, accounting for about 66.6% of FLG’s average daily trading volume of 6 million shares over the past month. The $11.50 strike put option set to expire on November 8, 2024, recorded strong trading, with 5,280 contracts traded so far today, equivalent to around 528,000 shares. The chart below depicts FLG’s trading activity over the past twelve months, highlighting the $11.50 strike:

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Lincoln National Corp Shows Robust Options Activity

Lincoln National Corp. (Symbol: LNC) reported options trading volume of 9,702 contracts today, representing about 970,200 underlying shares. This figure corresponds to a significant 65.7% of LNC’s average daily trading volume of 1.5 million shares over the past month. The $32.50 strike put option with an expiration date of November 15, 2024, attracted considerable attention, with 2,942 contracts traded today, covering around 294,200 shares. Below is a chart reflecting LNC’s trading history from the last twelve months, with the $32.50 strike marked:

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For more details on various available expirations for MDB, FLG, or LNC options, visit StockOptionsChannel.com.

nslideshow Today’s Most Active Call & Put Options of the S&P 500 »

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

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