Highlights from Monday’s Notable Options Activity: WYNN, PSTG, LMND

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Among the Russell 3000 index components, Wynn Resorts Ltd (WYNN) reported notable options trading today, with a total of 10,612 contracts exchanged, equivalent to approximately 1.1 million underlying shares, or 85.4% of its average daily volume of 1.2 million shares. The $115 strike put option expiring May 15, 2026, recorded the highest activity, with 5,010 contracts traded, representing roughly 501,000 underlying shares.

In addition, PURE Storage Inc (PSTG) saw 28,619 contracts traded today, amounting to about 2.9 million underlying shares, which is 84.3% of its monthly average of 3.4 million shares. The $75 strike call option expiring January 16, 2026, had particularly high volume, with 3,939 contracts traded, corresponding to approximately 393,900 underlying shares.

Lemonade Inc (LMND) also experienced significant options trading, with 17,181 contracts exchanged, representing around 1.7 million underlying shares or 81.3% of its average daily volume of 2.1 million shares. The $90 strike call option expiring January 16, 2026, was particularly active, with 1,917 contracts traded, accounting for approximately 191,700 underlying shares.

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