HomeMarket NewsSignificant Options Movements Monday: VRDN, USB, WOLF

Significant Options Movements Monday: VRDN, USB, WOLF

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Significant Options Activity in Russell 3000 Stocks: VRDN, USB, and WOLF Take Center Stage

Viridian Therapeutics (VRDN) Sees High Options Volume

Today’s trading activity for Viridian Therapeutics Inc (Symbol: VRDN) has captured attention. So far, 9,748 options contracts have been traded, which translates to about 974,800 underlying shares, as each contract represents 100 shares. This trading volume is notable, accounting for 56.5% of VRDN’s average daily trading volume over the past month, which is 1.7 million shares. A significant portion of the trades involved the $20 strike put option expiring January 17, 2025, with 9,711 contracts exchanged today, representing approximately 971,100 underlying shares. Below is a chart showing VRDN’s trading history over the last twelve months, highlighting the $20 strike in orange:

Loading chart — 2024 TickerTech.com

US Bancorp (USB) Experiences Strong Options Trading

Turning to US Bancorp (Symbol: USB), the company has witnessed a total of 37,661 options contracts traded today. This amount represents approximately 3.8 million underlying shares, which is 56% of USB’s average daily trading volume — 6.7 million shares — in the past month. Notably, the $40 strike call option expiring January 17, 2025, has seen considerable interest, with 6,083 contracts traded, equivalent to about 608,300 underlying shares. Below is the trading history for USB, with the $40 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Wolfspeed Inc (WOLF) Reports High Trading Volume

Wolfspeed Inc (Symbol: WOLF) also saw active options trading, with a total of 54,482 contracts exchanged, amounting to about 5.4 million underlying shares. This volume constitutes approximately 53.5% of WOLF’s average daily trading volume over the past month, which stands at 10.2 million shares. The $8 strike put option expiring January 16, 2026, was particularly popular, garnering 31,835 contracts traded, or around 3.2 million underlying shares. The chart below reflects WOLF’s trading history with the $8 strike option noted in orange:

Loading chart — 2024 TickerTech.com

For further details regarding available expirations for options on VRDN, USB, or WOLF, visit StockOptionsChannel.com.

nslideshow Today’s Most Active Call & Put Options of the S&P 500 »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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