Significant Monday Options Trading: RIOT, BIIB, VKTX

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Riot Platforms Inc (Symbol: RIOT) reported options trading volume of 263,138 contracts today, translating to approximately 26.3 million underlying shares, or 66.3% of its average daily trading volume of 39.7 million shares. Notably, the $16 strike call option expiring on July 25, 2025, accounted for 18,483 contracts, equating to about 1.8 million underlying shares.

Biogen Inc (Symbol: BIIB) saw a total of 7,835 contracts traded, representing around 783,500 underlying shares and approximately 63.7% of its average daily trading volume of 1.2 million shares. The $125 strike call option expiring on August 15, 2025, was particularly active, with 5,214 contracts trading, representing about 521,400 underlying shares.

Viking Therapeutics Inc (Symbol: VKTX) experienced options volume of 25,559 contracts today, which signifies approximately 2.6 million underlying shares, or 63.5% of its average daily volume of 4.0 million shares. The $38 strike call option expiring on July 25, 2025, saw high activity with 5,188 contracts traded, representing approximately 518,800 underlying shares.

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