HomeMarket NewsMidweek Market Insights: MNKD, BTU, FSLR Option Trends

Midweek Market Insights: MNKD, BTU, FSLR Option Trends

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Surge in Options Trading for MannKind, Peabody Energy, and First Solar

MannKind Corp Leads with Remarkable Options Volume

Among the stocks in the Russell 3000 index, MannKind Corp (Symbol: MNKD) is making headlines today due to significant options trading activity. So far, 16,177 contracts have changed hands, equivalent to around 1.6 million underlying shares. This represents approximately 56.8% of MNKD’s average daily trading volume of 2.8 million shares over the past month. A notable portion of this activity is linked to the $7 strike call option set to expire January 17, 2025, with 7,888 contracts traded today, accounting for around 788,800 underlying shares of MNKD. Below is a chart illustrating MNKD’s trading history over the last twelve months, with the $7 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Peabody Energy Shows Strong Activity in Options Trading

In related market movements, Peabody Energy Corp (Symbol: BTU) exhibited impressive options trading as well. The total volume reached 14,630 contracts today, representing approximately 1.5 million underlying shares. This figure constitutes about 56.1% of BTU’s average daily trading volume of 2.6 million shares over the past month. Noteworthy activity was observed in the $13 strike put option, which is set to expire on April 17, 2025. Thus far, 2,240 contracts trading represents around 224,000 underlying shares of BTU. Below is a chart showing BTU’s trading patterns over the last year, with the $13 strike option marked in orange:

Loading chart — 2024 TickerTech.com

First Solar Sees Increased Options Trading Activity

First Solar Inc (Symbol: FSLR) also recorded robust options trading, with 12,223 contracts exchanged, translating to about 1.2 million underlying shares—approximately 55.7% of its average daily trading volume of 2.2 million shares over the past month. The $230 strike call option expiring on January 17, 2025, generated particular interest, as 1,450 contracts have been traded, representing roughly 145,000 underlying shares of FSLR. Below is a chart depicting FSLR’s trading history over the past twelve months, with the $230 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

For additional details on available expirations for MNKD, BTU, or FSLR options, visit StockOptionsChannel.com.

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

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

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