Significant Options Activity Wednesday: DRI, PRAX, TGTX

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Darden Restaurants, Inc. (Symbol: DRI) reported options trading activity of 7,290 contracts today, equivalent to approximately 729,000 shares, or 42.9% of its average daily trading volume of 1.7 million shares. The highest volume was seen in the $200 strike call option expiring July 18, 2025, with 3,284 contracts traded, representing around 328,400 underlying shares.

Praxis Precision Medicines Inc (Symbol: PRAX) had an options trading volume of 1,123 contracts, or 112,300 shares, approximately 42.8% of its average daily volume of 262,140 shares. The $35 strike put option, expiring July 18, 2025, recorded high activity with 214 contracts traded, equating to 21,400 underlying shares.

TG Therapeutics Inc (Symbol: TGTX) saw options trading of 7,099 contracts, representing about 709,900 shares, or 42.7% of its average daily volume of 1.7 million shares. Notably, the $33 strike put option expiring August 15, 2025, witnessed 1,321 contracts traded, translating to approximately 132,100 underlying shares.

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