Options Trading Heat: MasTec, Argan, and Shake Shack Show Strong Activity
The options market is buzzing today, particularly for MasTec Inc. (Symbol: MTZ), Argan Inc. (Symbol: AGX), and Shake Shack Inc. (Symbol: SHAK). Each of these companies is experiencing significant trading volume that indicates heightened investor interest.
MasTec Inc. (MTZ) Sees Notable Trading Volume
MasTec Inc. (Symbol: MTZ) has witnessed impressive activity in its options trading today. A total volume of 3,832 contracts has been executed, equating to roughly 383,200 underlying shares, since each contract represents 100 shares. This volume amounts to 45.2% of MTZ’s average daily trading volume of 846,855 shares over the past month. Notably, the $170 strike call option expiring February 21, 2025, led the trading with 1,662 contracts, representing about 166,200 underlying shares of MTZ. Below is a chart depicting MTZ’s trailing twelve-month trading history, with the $170 strike option highlighted in orange:
High Volume for Argan Inc. (AGX) Options
In terms of options trading, Argan Inc. (Symbol: AGX) is also making waves today with a volume of 1,544 contracts, translating to 154,400 underlying shares. This represents a notable 45.1% of AGX’s average daily trading volume of 342,375 shares over the last month. The $160 strike put option expiring February 21, 2025, has attracted significant interest, with 1,045 contracts trading, representing around 104,500 underlying shares of AGX. A chart of AGX’s options history is provided below, highlighting the $160 strike in orange:
Shake Shack Inc. (SHAK) Shows Strong Options Activity
Shake Shack Inc. (Symbol: SHAK) continues to attract attention with a trading volume of 5,180 contracts today. This volume corresponds to approximately 518,000 underlying shares, making up 44.7% of SHAK’s average daily trading volume of 1.2 million shares in the past month. The $124 strike call option set to expire on January 24, 2025, has been particularly popular, with 1,730 contracts traded, equivalent to about 173,000 underlying shares. Below is a chart illustrating SHAK’s trading history over the past twelve months, featuring the $124 strike highlighted in orange:
To explore further options expirations for MTZ, AGX, or SHAK, visit StockOptionsChannel.com.
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