Active Options Trading: Marathon Digital, Vertiv, and PENN Entertainment in Focus

Investors Watch High Volume Trends Among Major Stocks

Today, notable options trading activity stands out in the Russell 3000 index, particularly with Marathon Digital Holdings Inc (Symbol: MARA). So far, 248,916 contracts have been traded, equivalent to approximately 24.9 million underlying shares. This volume represents 64.4% of MARA’s average daily trading volume of 38.6 million shares over the past month. A significant portion of this activity centers around the $20 strike call option expiring on January 24, 2025, with 16,883 contracts traded, which translates to about 1.7 million underlying shares. Below is a chart showing MARA’s trading history over the last twelve months, highlighting the $20 strike in orange:

In addition, Vertiv Holdings Co (Symbol: VRT) has seen a robust trading volume of 31,852 contracts today. This figure corresponds to approximately 3.2 million underlying shares, constituting 59.9% of VRT’s average daily trading volume of 5.3 million shares over the past month. The $140 strike call option expiring on February 21, 2025, has generated particularly high interest, with 2,875 contracts trading, amounting to about 287,500 underlying shares. Below is a chart detailing VRT’s trailing twelve-month trading history, with the $140 strike highlighted in orange:

Furthermore, PENN Entertainment Inc (Symbol: PENN) displays a trading volume of 31,348 contracts today, representing around 3.1 million underlying shares. This volume is 59.8% of PENN’s average daily trading volume of 5.2 million shares over the past month. The $21 strike call option expiring on February 21, 2025, attracted particular attention, with 6,209 contracts trading, representing roughly 620,900 underlying shares. Below, you can see PENN’s trading history for the past year, emphasizing the $21 strike in orange:

For a variety of options expirations for MARA, VRT, and PENN, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Stocks Crossing Above Their 200 Day Moving Average
• EPC Average Annual Return
• LIXT shares outstanding history

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.