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Madrigal Pharmaceuticals Inc (MDGL) experienced significant options trading activity today, with a total volume of 5,059 contracts, equating to approximately 505,900 underlying shares. This volume represents 112.6% of its average daily trading volume of 449,485 shares over the past month. Notably, 1,601 contracts were traded for the $320 strike call option expiring on January 16, 2026, representing about 160,100 underlying shares.
Root Inc (ROOT) also showed active options trading with 7,430 contracts exchanged, representing approximately 743,000 underlying shares and around 101.8% of its average daily volume of 729,865 shares. The most active call option was for the $110 strike expiring on September 19, 2025, with 3,287 contracts traded, equating to approximately 328,700 underlying shares.
Forward Air Corp (FWRD) had a trading volume of 5,473 contracts, or about 547,300 underlying shares, which is approximately 90.4% of its average daily trading volume of 605,660 shares. The $25 strike call option expiring on December 17, 2027 saw 1,954 contracts traded, representing approximately 195,400 underlying shares.
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