Significant Monday Options Trading: PINS, AXON, IBM

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Pinterest Inc (Symbol: PINS) experienced notable options trading today, with 47,752 contracts traded, representing approximately 4.8 million underlying shares, or about 58.1% of its average daily volume of 8.2 million shares over the past month. The $45 strike call option expiring on August 08, 2025, saw particularly high activity, with 9,720 contracts, equating to approximately 972,000 underlying shares.

Axon Enterprise Inc (Symbol: AXON) recorded options trading of 3,335 contracts, reflecting about 333,500 underlying shares, which is roughly 54.2% of its average daily trading volume of 615,695 shares. The $740 strike put option expiring on August 15, 2025, garnered attention with 284 contracts traded, approximately 28,400 underlying shares.

International Business Machines Corp (Symbol: IBM) saw trading of 29,664 contracts, or about 3.0 million underlying shares, constituting around 53.8% of its average daily volume of 5.5 million shares. The $210 strike call option expiring on December 19, 2025, had 3,123 contracts traded, corresponding to approximately 312,300 underlying shares.

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