Significant Friday Options Trading: SIRI, GNK, SLS Insights

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SiriusXM Holdings Inc (SIRI) experienced significant options trading today, with a total volume of 72,097 contracts representing approximately 7.2 million underlying shares. This volume is 162.9% of SIRI’s average daily trading volume of 4.4 million shares over the past month. Notably, the $29.50 strike call option expiring August 28, 2026, accounted for 17,602 contracts, translating to around 1.8 million underlying shares.

Genco Shipping & Trading Ltd (GNK) saw options trading volume reach 5,719 contracts, equivalent to 571,900 underlying shares and 146.4% of its average daily volume of 390,635 shares. The $30 strike call option expiring September 18, 2026, was particularly active with 5,212 contracts traded, representing about 521,200 shares.

Meanwhile, SELLAS Life Sciences Group Inc (SLS) reported 84,207 contracts in options trading, translating to approximately 8.4 million underlying shares—137.2% of its average daily volume of 6.1 million shares. The $30 strike call option expiring October 16, 2026, saw 11,935 contracts traded, amounting to roughly 1.2 million underlying shares.

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