Highlighting Monday’s Significant Option Trades: MTDR, NGVC, PLAY

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Matador Resources Co (MTDR) reported significant options trading on October 16, 2023, with 31,469 contracts exchanged, equivalent to about 3.1 million underlying shares. This represents 167.8% of MTDR’s average daily trading volume of 1.9 million shares. Notably, the $70 strike call option expiring on March 19, 2027, saw the bulk of activity, with 30,673 contracts traded.

Natural Grocers By Vitamin Cottage Inc (NGVC) also experienced heightened activity, with 2,244 contracts traded today, translating to approximately 224,400 underlying shares, representing 158.4% of NGVC’s average daily volume of 141,690 shares. The $35 strike call option expiring on October 16, 2026, accounted for 2,074 of those contracts.

Dave & Buster’s Entertainment Inc (PLAY) recorded a volume of 17,911 contracts today, equating to about 1.8 million underlying shares, or 116.5% of its monthly average of 1.5 million shares. The $8 strike call option expiring on September 18, 2026, saw particular interest with 4,412 contracts traded.

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