Significant Midweek Options Movement: MKSI, CXW, LRN

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MKS Inc. (MKSI) reported significant options trading on October 5, 2023, with 5,307 contracts exchanged, equating to approximately 530,700 underlying shares. This represents 53.9% of MKSI’s average daily trading volume of 984,610 shares over the past month. Notably, 2,340 contracts for the $85 strike put option expiring on August 15, 2025, were traded, representing around 234,000 shares.

CoreCivic Inc. (CXW) also experienced robust activity today, with 4,752 contracts traded, representing approximately 475,200 shares and 52.8% of their monthly average volume of 899,690 shares. The $19 strike call option, expiring August 15, 2025, saw 2,830 contracts exchanged for about 283,000 shares.

Stride Inc. (LRN) recorded 2,946 contracts traded today, accounting for around 294,600 shares or 52.6% of their average monthly volume of 559,705 shares. The $155 strike call option, expiring August 15, 2025, had 262 contracts traded, equating to approximately 26,200 shares.

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