Significant Midweek Options Trading: BYD, AMC, PENG

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Today, Boyd Gaming Corp. (Symbol: BYD) experienced significant options trading, with a volume of 7,565 contracts, equating to approximately 756,500 underlying shares—78.2% of its average daily trading volume of 966,920 shares. Notably, the $85 strike call option expiring on July 18, 2025, saw a high volume of 4,857 contracts, representing about 485,700 shares.

AMC Entertainment Holdings Inc. (Symbol: AMC) reported a trading volume of 64,148 contracts today, or around 6.4 million shares, which is 74.6% of its average daily volume of 8.6 million. The $3 strike call option expiring on July 11, 2025, recorded significant activity with 12,012 contracts, representing around 1.2 million underlying shares.

Penguin Solutions Inc. (Symbol: PENG) saw options trading of 7,214 contracts, approximately 721,400 shares or 72% of its average daily volume of 1 million. The $22.50 strike call option expiring on July 18, 2025, had 1,092 contracts traded, equating to about 109,200 underlying shares.

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