Tuesday Highlights: Significant Options Activity in GME, MSTR, CRVS

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GameStop Corp (GME) experienced significant trading activity today, with a total volume of 128,814 contracts traded, equivalent to approximately 12.9 million underlying shares. This figure represents 254.1% of GME’s average daily trading volume of 5.1 million shares over the past month. The $21 strike call option expiring January 23, 2026, stood out, having 12,367 contracts traded, or about 1.2 million underlying shares.

In comparison, MicroStrategy Inc (MSTR) recorded a volume of 422,259 contracts, representing approximately 42.2 million underlying shares and 206.5% of its average daily trading volume of 20.4 million shares. Notably, the $195 strike call option expiring January 23, 2026, saw 17,092 contracts traded, amounting to around 1.7 million underlying shares.

Corvus Pharmaceuticals Inc (CRVS) showed a trading volume of 31,887 contracts today, or about 3.2 million underlying shares, which is 186.7% of its average daily trading volume of 1.7 million shares. The $16 strike call option expiring February 20, 2026, was particularly active, totaling 3,261 contracts, equating to approximately 326,100 underlying shares.

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