On October 16, 2023, United Therapeutics Corp (Symbol: UTHR) registered significant options trading activity, with 11,954 contracts exchanged, equating to approximately 1.2 million underlying shares. This figure represents around 257.9% of its 30-day average daily trading volume of 463,450 shares. Notably, the $480 strike put option expiring January 16, 2026, saw 3,912 contracts traded, covering roughly 391,200 underlying shares.
Similarly, Wynn Resorts Ltd (Symbol: WYNN) experienced a trading volume of 19,101 contracts, translating to approximately 1.9 million underlying shares, or 148.3% of its average daily volume of 1.3 million shares over the last month. The $110 strike call option expiring March 20, 2026, attracted particularly high activity with 15,632 contracts traded, representing about 1.6 million underlying shares.
Vanda Pharmaceuticals Inc (Symbol: VNDA) reported options trading of 22,662 contracts, corresponding to approximately 2.3 million underlying shares, or 147.5% of its average daily trading volume of 1.5 million shares. The $8 strike call option expiring January 16, 2026, also drew significant interest, with 4,435 contracts traded, reflecting around 443,500 underlying shares.
