Significant Option Trading Insights for Friday: SIRI, INSW, BANF

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SiriusXM Holdings Inc (SIRI) recorded significant trading activity, with a total volume of 71,458 options contracts traded today, equating to approximately 7.1 million underlying shares. This volume represents 193% of its average daily trading volume of 3.7 million shares over the past month. The most active option was the $30 strike call expiring on September 11, 2026, with 17,627 contracts exchanged, translating to about 1.8 million underlying shares.

International Seaways Inc (INSW) also saw notable trading, with 10,618 contracts traded, amounting to approximately 1.1 million underlying shares or 192.9% of its average daily volume of 550,445 shares. The high-volume option was for the $105 strike call expiring September 18, 2026, with 4,458 contracts representing around 445,800 underlying shares.

BancFirst Corp. (BANF) experienced an options trading volume of 1,880 contracts, which corresponds to about 188,000 underlying shares and 173.7% of its average daily volume of 108,210 shares. The most actively traded option was the $120 strike call expiring September 18, 2026, comprising 1,866 contracts, or approximately 186,600 underlying shares.

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