Highlighting Monday’s Significant Options Activity: MDXG, GRPN, GTES

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On October 10, 2023, noteworthy options trading was reported for MiMedx Group Inc (MDXG), with 5,203 contracts traded, representing approximately 520,300 underlying shares. This volume is about 54% of MDXG’s average daily trading volume of 963,405 shares. Of particular interest was the $7.50 strike call option expiring on September 19, 2025, which saw 2,559 contracts traded, equating to 255,900 underlying shares.

Groupon Inc (GRPN) also experienced significant options activity, with a total of 5,225 contracts traded, representing around 522,500 underlying shares, or 54% of its average daily volume of 968,225 shares. The $40 strike call option set to expire on January 15, 2027, recorded a high trading volume of 1,041 contracts, affecting approximately 104,100 underlying shares.

Additionally, Gates Industrial Corp PLC (GTES) saw an options trading volume of 8,335 contracts, representing about 833,500 underlying shares, which is approximately 50% of its average daily volume of 1.7 million shares. The $26 strike call option expiring on September 19, 2025, had a notable volume of 4,204 contracts, impacting around 420,400 underlying shares.

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