Intriguing Options Trading Activity for Major Companies

An examination of the options trading for selected companies in the Russell 3000 index reveals significant investor interest today. Notably, Celsius Holdings Inc, MGM Resorts International, and Shake Shack Inc have all experienced increased options activity.

Celsius Holdings Inc (Symbol: CELH) Shows Strong Volume

In today’s options trading, Celsius Holdings Inc (CELH) recorded a total of 39,757 contracts, equating to around 4.0 million underlying shares. This figure represents approximately 50.6% of CELH’s average daily trading volume of 7.9 million shares over the past month. The $25 strike put option, set to expire on January 10, 2025, saw particularly high activity, with 2,562 contracts trading today, or about 256,200 underlying shares. Below is a chart illustrating CELH’s trading history over the past twelve months, with the $25 strike highlighted in orange:

MGM Resorts International (Symbol: MGM) Reports Solid Trading Volume

MGM Resorts International (MGM) also experienced active options trading, with 19,335 contracts exchanged thus far. This volume corresponds to about 1.9 million underlying shares, constituting 49.5% of MGM’s average daily trading volume of 3.9 million shares in the past month. The $35 strike put option, expiring on January 3, 2025, has been particularly popular, with 4,584 contracts trading today, representing roughly 458,400 underlying shares. Below is a chart of MGM’s trading history, featuring the $35 strike in orange:

Shake Shack Inc (Symbol: SHAK) Sees Notable Options Activity

Shake Shack Inc (SHAK) recorded 3,143 options contracts today, which translates to about 314,300 underlying shares or approximately 47.4% of its average daily trading volume of 663,185 shares. The $135 strike call option, expiring on January 3, 2025, attracted notable attention, with 1,038 contracts trading today, representing around 103,800 underlying shares. Here’s a chart depicting SHAK’s trading history, highlighting the $135 strike:

For detailed information on available expirations for CELH, MGM, or SHAK options, please visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Canadian Stocks Crossing Below Their 200 Day Moving Average
• ETFs Holding ARE
• Microsoft Shares Outstanding History

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.