Today played host to an intriguing tale in the market as individuals engaged in notable options trading with Intra-Cellular Therapies Inc (ITCI), First Solar Inc (FSLR), and Exact Sciences Corp. (EXAS). These actions captivated investors, igniting a spark in the typically mundane trading landscape.
ITCI: Heightened Buzz with Large Options Volume
Venturing into the misty territory of Intra-Cellular Therapies Inc (ITCI) revealed a surge in options trading. A total of 8,817 contracts, equivalent to approximately 881,700 underlying shares, changed hands today. This amount pierces through ITCI’s average daily trading volume of 656,200 shares over the past month like a hot knife through butter. Highlighting today’s session was the $85 strike call option expiring on April 19, 2024, where 4,388 contracts were traded, representing around 438,800 underlying shares of ITCI.
FSLR: A Surge in Options Momentum
Delving deeper into the market spectacle, First Solar Inc (FSLR) witnessed a staggering 25,322 contracts in options trading today. This number translates to roughly 2.5 million underlying shares, commanding an impressive 127.4% of FSLR’s average daily trading volume over the past month, which stood at 2.0 million shares. Noteworthy activity was observed for the $135 strike put option expiring on January 16, 2026, with 3,005 contracts traded, representing about 300,500 underlying shares of FSLR.
EXAS: Unveiling the Buzz Around EXACT Sciences Corp.
At the heart of the storm lay Exact Sciences Corp. (EXAS), where options trading surfaced with 24,223 contracts, portraying approximately 2.4 million underlying shares or close to 122.9% of EXAS’s average daily trading volume over the past month, pegged at 2.0 million shares. Notably bustling was the $80 strike call option expiring on April 19, 2024, with 3,891 contracts in play, encompassing roughly 389,100 underlying shares of EXAS.
For further explorations into the various expiration options for ITCI, FSLR, or EXAS, consider paying a visit to StockOptionsChannel.com. Today’s trading escapades have certainly injected a touch of thrill and zest into the otherwise mundane market affairs, leaving investors eagerly anticipating the unfolding of future storylines.
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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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