Noteworthy Friday Option Activity
Trading volumes today in Avis Budget Group Inc (CAR), Magnite Inc (MGNI), and Medical Properties Trust Inc (MPW) caught the eye of analysts and investors alike. Let’s delve into the fascinating world of options trading and what it means for these three companies.
Intriguing Trends in Avis Budget Group Inc (CAR)
Avis Budget Group Inc (CAR) witnessed a surge in options activity, with a total of 6,828 contracts traded, representing approximately 682,800 underlying shares. This volume amounted to about 133.1% of CAR’s average daily trading volume over the past month. Notably, the $90 strike call option expiring September 27, 2024, stood out with 1,055 contracts traded, representing approximately 105,500 underlying shares of CAR. The options market for CAR seems to be heating up, as evidenced by the substantial trading volume.
Fascinating Developments in Magnite Inc (MGNI)
Magnite Inc (MGNI) also saw a significant uptick in options trading, with 15,929 contracts changing hands so far. This volume represents approximately 1.6 million underlying shares, translating to a notable 128% of MGNI’s average daily trading volume over the past month. The $17.50 strike call option expiring January 17, 2025, saw especially high volume, with 6,269 contracts traded, representing approximately 626,900 underlying shares of MGNI. Investors are keeping a close watch on MGNI’s options market activity.
Compelling Movements in Medical Properties Trust Inc (MPW)
Medical Properties Trust Inc (MPW) experienced a surge in options trading, with 149,469 contracts traded, representing approximately 14.9 million underlying shares or about 123.5% of MPW’s average daily trading volume over the past month. The $4.50 strike put option expiring November 15, 2024, stood out with 15,958 contracts traded, representing approximately 1.6 million underlying shares of MPW. The options market for MPW is buzzing with activity, indicating potential shifts in investor sentiment.
Exploring Options Expirations
For more information on different available expirations for CAR options, MGNI options, or MPW options, investors can visit StockOptionsChannel.com. Keeping an eye on various expiration dates and strike prices is crucial for those engaged in options trading.
Additional Insights
- Funds Holding CBST
- Funds Holding INCR
- FEX 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.
