HomeMarket NewsInsightful Thursday Options Activity Spotlight: PLNT, MNMD, and GS

Insightful Thursday Options Activity Spotlight: PLNT, MNMD, and GS

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High Options Trading Activity on Planet Fitness, Mind Medicine, and Goldman Sachs

Significant trading volume has been observed in the options market today for key components of the Russell 3000 index. Here’s a closer look at the details.

Planet Fitness Inc (PLNT) Sees Surge in Options Activity

In a notable move, Planet Fitness Inc (Symbol: PLNT) has traded a total volume of 17,868 options contracts today. This volume reflects around 1.8 million underlying shares, as each contract represents 100 shares. It’s an impressive 161.8% of PLNT’s average daily trading volume over the past month, which stands at 1.1 million shares. The $100 strike call option that expires on January 17, 2025, has garnered particular attention, with 6,198 contracts traded today, equating to approximately 619,800 underlying shares. The accompanying chart illustrates PLNT’s trading history over the last twelve months, highlighting the $100 strike in orange:

Loading+chart+—+2024+TickerTech.com

Mind Medicine Inc (MNMD) Shows Strong Options Volume

Similarly, Mind Medicine Mindmed Inc (Symbol: MNMD) is experiencing considerable options trading, with 12,215 contracts changing hands today. This equates to about 1.2 million underlying shares and represents 161.4% of MNMD’s average daily trading volume of 756,665 shares over the past month. High trading interest has been noted for the $7.50 strike call option, with 5,356 contracts traded, which translates to approximately 535,600 underlying shares. A chart detailing MNMD’s trading history, with the $7.50 strike highlighted, appears below:

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Goldman Sachs Group Inc (GS) Attracts Impressive Trading Volume

Goldman Sachs Group Inc (Symbol: GS) has seen a remarkable options trading volume of 35,816 contracts, which represents approximately 3.6 million underlying shares. This figure is about 157.9% of GS’s average daily trading volume of 2.3 million shares over the past month. Noteworthy activity includes the $610 strike call option expiring on November 15, 2024, with 1,785 contracts traded today, representing roughly 178,500 underlying shares. The following chart showcases GS’s trading history over the past twelve months, with the $610 strike highlighted:

Loading+chart+—+2024+TickerTech.com

For more information on the various available expirations for options of PLNT, MNMD, or GS, visit StockOptionsChannel.com.

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

Also see:
  • Stock Buybacks
  • PLYM Insider Buying
  • Funds Holding NION

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

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