Significant Monday Options Trading: IRM, CPRI, MDGL

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On the Russell 3000 index, notable options trading activity was observed in Iron Mountain Inc (IRM), with a total of 10,267 contracts traded, equivalent to approximately 1.0 million underlying shares. This represents about 98.4% of IRM’s average daily trading volume for the past month. High volume was noted for the $104 strike call option expiring August 15, 2025, with 3,104 contracts traded, accounting for around 310,400 underlying shares.

Capri Holdings Ltd (CPRI) recorded a trading volume of 22,777 contracts, representing approximately 2.3 million underlying shares, which is about 91.5% of CPRI’s average daily trading volume over the past month. The $18 strike call option expiring August 08, 2025, particularly stood out, with 6,326 contracts traded, representing around 632,600 underlying shares.

Madrigal Pharmaceuticals Inc (MDGL) saw options trading of 3,154 contracts, equating to about 315,400 underlying shares, or approximately 85% of MDGL’s average daily volume over the past month. The $300 strike put option expiring August 15, 2025, was notable, with 1,028 contracts traded, representing about 102,800 underlying shares.

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