Thursday Market Buzz: PTEN, MARA, PANW Option Action Unveiled

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High Option Volume in PTEN

In the financial whirlwind today, the noteworthy option trading vibes centered around Patterson-UTI Energy Inc. (Symbol: PTEN). The trading volume soared to 40,722 contracts, equating to about 4.1 million underlying shares, depicting a mesmerizing 65% of PTEN’s recent average daily trading volume. Specifically, the $10 strike put option expiring on May 17, 2024, was on fire with 40,507 contracts traded, highlighting the magnetism of PTEN’s activity today.

The chart below encapsulates PTEN’s past trading tides, with the $10 strike shimmering in orange:

Loading chart — 2024 TickerTech.com

Option Gala for MARA

Shifting the spotlight, Marathon Digital Holdings Inc (Symbol: MARA) captivated the market stage with an option trading volume of 449,985 contracts, gleaming like 45.0 million underlying shares or approximating 63.8% of MARA’s typical daily trading volume over the previous month. Within this crescendo, the $24 strike call option maturing on March 28, 2024, popped with 28,198 contracts in play today.

The chart visualizes MARA’s journey through the trading landscape, with the $24 strike aglow in orange:

Loading chart — 2024 TickerTech.com

PANW Steals the Option Limelight

Lastly, Palo Alto Networks, Inc (Symbol: PANW) stepped into the option spotlight, donning a flaunty volume of 36,499 contracts today. This numerical dance represents about 3.6 million underlying shares, stunningly reflecting 63.7% of PANW’s usual daily trading rites over the bygone month. Notably, the $285 strike call option expiring on March 28, 2024, magnetized 3,359 contracts in the current show.

The chart unveils PANW’s historical option voyage, with the $285 strike gleaming in orange:

Loading chart — 2024 TickerTech.com

For a deeper dive into the various available expirations for PTEN, MARA, or PANW options, visit StockOptionsChannel.com.

Also see:

– TCPC Next Dividend Date
– Revvity RSI
– SNTI Historical PE Ratio

The beauty hidden within the numbers reflects the essence of market whispers. These whispers, though personal, do not necessarily paint the entirety of the landscape. Let’s keep stalking the dance of numbers as they reveal tales untold.

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