Highlighting Significant Options Activity on Monday: ALE, BBIO, NUE

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On a notable trading day, Allete Inc (Symbol: ALE) saw a total of 4,256 options contracts traded, representing approximately 425,600 underlying shares, which is 56.9% of its average daily volume of 748,615 shares. The $80 strike call option expiring April 17, 2026, was particularly active, with 3,939 contracts traded, equating to about 393,900 underlying shares.

BridgeBio Pharma Inc (Symbol: BBIO) experienced a significant options volume of 9,526 contracts, equivalent to around 952,600 underlying shares, accounting for 53.1% of its average daily trading volume of 1.8 million shares. The $55 strike put option expiring December 19, 2025, saw 947 contracts traded today, representing about 94,700 underlying shares.

Nucor Corp. (Symbol: NUE) reported a trading volume of 7,334 options contracts, representing approximately 733,400 underlying shares, or 52.6% of its average daily volume of 1.4 million shares. The $150 strike call option expiring January 16, 2026, had a notable volume of 502 contracts trading, representing about 50,200 underlying shares.

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