Significant Wednesday Options Trades: OCUL, LLY, WEN

Ocular Therapeutix Inc (OCUL) reported a significant options trading volume of 25,374 contracts today, equating to about 2.5 million underlying shares and 127.3% of its average daily trading volume of 2.0 million shares over the past month. The $11 strike call option expiring on September 18, 2026, saw particularly high activity, with 12,875 contracts traded, representing approximately 1.3 million underlying shares.

Eli Lilly (LLY) experienced a trading volume of 34,678 contracts today, representing around 3.5 million underlying shares, or 125.5% of its average daily movement of 2.8 million shares. The $1250 strike call option expiring on August 14, 2026, had 3,914 contracts traded, translating to approximately 391,400 underlying shares.

Wendy’s Co (WEN) showed options trading volume of 94,068 contracts, representing about 9.4 million underlying shares, or 117.3% of its average daily volume of 8.0 million shares. The $9 strike call option expiring on August 14, 2026, had 10,825 contracts traded, corresponding to approximately 1.1 million underlying shares.