On October 1, notable options trading activity has been observed in three companies within the Russell 3000 index. FTAI Infrastructure Inc (FIP) has seen a total of 6,523 contracts traded, equating to approximately 652,300 underlying shares, which is 48.9% of its average daily trading volume of 1.3 million shares. The $7 strike call option, expiring July 18, 2025, has attracted significant interest, with 3,547 contracts traded today.
Merck & Co Inc (MRK) recorded options trading volume of 64,705 contracts, representing around 6.5 million underlying shares, or 48.4% of its average daily trading volume of 13.4 million shares. The $75 strike put option, expiring August 15, 2025, has garnered attention with 15,456 contracts traded.
PENN Entertainment Inc (PENN) has reported 19,624 contracts traded, reflecting approximately 2.0 million underlying shares, which is 47.2% of its average daily trading volume of 4.2 million shares. The $17 strike call option, expiring June 20, 2025, has seen 7,372 contracts traded as well.
