Highlights from Wednesday’s Options Activity: SLAB, VCEL, MDGL

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Among the Russell 3000 index components, Silicon Laboratories Inc (SLAB) experienced a significant options trading volume today, with 8,212 contracts traded, accounting for approximately 821,200 shares. This figure represents 198.3% of SLAB’s average daily trading volume over the past month, which is 414,055 shares. Notably, the $100 strike put option expiring November 20, 2026, recorded 4,715 contracts, about 471,500 underlying shares.

Vericel Corp (VCEL) also saw robust activity, with 9,378 contracts traded, equivalent to approximately 937,800 underlying shares, or 179.8% of its monthly average daily volume of 521,570 shares. The $35 strike put option expiring May 15, 2026, garnered particular attention, with 7,219 contracts, representing 721,900 underlying shares.

Madrigal Pharmaceuticals Inc (MDGL) reported options trading of 4,457 contracts, translating to around 445,700 underlying shares, or 174.3% of its monthly average daily volume of 255,730 shares. The $510 strike put option expiring June 18, 2026, saw 1,341 contracts traded, equating to 134,100 underlying shares.

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