Highlighted Wednesday Options Update: NXT, MOH, WM

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Nextracker Inc (NXT) experienced significant options trading on the Russell 3000 index today, with a total of 16,405 contracts traded, amounting to approximately 1.6 million underlying shares. This represents 71.2% of its average daily trading volume of 2.3 million shares over the past month. The $70 strike call option, expiring August 15, 2025, saw particularly high volume, with 2,741 contracts traded, equating to around 274,100 underlying shares.

Molina Healthcare Inc (MOH) also reported strong activity, with 3,952 contracts traded, or about 395,200 underlying shares, constituting 66.5% of its average daily volume of 594,250 shares. The $240 strike call option expiring July 18, 2025, had notable volume with 323 contracts traded, representing approximately 32,300 underlying shares.

Additionally, Waste Management, Inc. (WM) recorded 9,930 contracts traded, approx 993,000 underlying shares, which is 64.2% of its average daily volume of 1.5 million shares. The $210 strike put option expiring August 15, 2025, saw high trading activity with 2,081 contracts, representing around 208,100 underlying shares.

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