Key Tuesday Options Insights: ROOT, GFS, WYNN

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Root Inc (Symbol: ROOT) reported an options trading volume of 2,403 contracts today, equating to approximately 240,300 underlying shares, which is about 65.7% of its average daily volume of 365,970 shares. The $80 strike put option expiring on September 19, 2025 saw particularly high activity with 1,559 contracts traded, representing around 155,900 underlying shares.

GlobalFoundries Inc (Symbol: GFS) experienced an options trading volume of 10,360 contracts, or approximately 1.0 million underlying shares, making up 62.4% of its average daily volume of 1.7 million shares. The $35 strike put option expiring on August 15, 2025 had an impressive 8,802 contracts traded, amounting to roughly 880,200 underlying shares.

Wynn Resorts Ltd (Symbol: WYNN) reported a volume of 10,324 contracts, translating to about 1.0 million underlying shares, which is around 60% of its average daily volume of 1.7 million shares. The $99 strike put option expiring on August 8, 2025 saw 2,048 contracts traded, representing approximately 204,800 underlying shares.

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