Significant Friday Options Activity: MRK, CAPR, IE Insights

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On October 12, 2023, notable trading activity was reported for Merck & Co Inc (MRK), with 95,066 contracts traded, equating to approximately 9.5 million underlying shares. This volume represents 72.6% of MRK’s average daily trading volume of 13.1 million shares over the past month. A significant focus was on the $96 strike call option expiring on November 21, 2025, with 7,475 contracts traded, representing about 747,500 underlying shares.

Capricor Therapeutics Inc (CAPR) also experienced high options trading, with 11,278 contracts representing around 1.1 million underlying shares, or 71.7% of its average daily volume of 1.6 million. The $4 strike put option expiring December 19, 2025, saw 3,203 contracts traded, equating to approximately 320,300 underlying shares.

Additionally, Ivanhoe Electric Inc (IE) had a trading volume of 14,229 contracts, corresponding to about 1.4 million underlying shares. This is 71.4% of IE’s average trading volume of 2.0 million shares. The $12.50 strike put option expiring November 21, 2025, had 6,697 contracts traded, representing around 669,700 underlying shares.

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