Viking Therapeutics, fuboTV, and PayPal Show Strong Options Trading Activity
Analyzing the options trading activity within components of the Russell 3000 index reveals significant movement today, particularly in Viking Therapeutics Inc (Symbol: VKTX). As of now, a total volume of 25,689 contracts has been traded, reflecting approximately 2.6 million underlying shares—about 50.9% of VKTX’s average daily trading volume, which stands at 5.0 million shares over the past month. Notably, the $30 strike call option expiring on May 16, 2025, has seen considerable interest, with 3,944 contracts traded, equating to around 394,400 underlying shares for VKTX. Below is a chart displaying VKTX’s trailing twelve-month trading history, highlighting the $30 strike in orange:
Meanwhile, fuboTV Inc (Symbol: FUBO) has also experienced robust options trading, with a total of 75,362 contracts exchanged, which represents approximately 7.5 million underlying shares—about 49.7% of FUBO’s average daily trading volume of 15.2 million shares over the past month. The $2.50 strike put option expiring on May 2, 2025, is particularly noteworthy, accounting for 10,123 contracts traded or roughly 1.0 million underlying shares. Below is a chart illustrating FUBO’s trailing twelve-month trading history, with the $2.50 strike emphasized in orange:
PayPal Holdings Inc (Symbol: PYPL) has recorded a volume of 64,827 contracts thus far today, approximating 6.5 million underlying shares, which represents around 49% of PYPL’s average daily trading volume of 13.2 million shares over the past month. The $70 strike call option expiring on May 2, 2025, has seen 4,078 contracts traded, corresponding to approximately 407,800 underlying shares for PYPL. Below is a chart showcasing PYPL’s trailing twelve-month trading history, with the $70 strike highlighted in orange:
For a broader view of the various expirations available for VKTX, FUBO, or PYPL options, please visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
