Significant Options Trading on Wednesday: TNL, LRCX, CHE

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In today’s trading activity, Travel + Leisure Co (TNL) reported a volume of 4,542 contracts, equating to approximately 454,200 underlying shares, which is 66.5% of its average daily trading volume of 683,090 shares. Notably, the $70 strike call option expiring on May 15, 2026, saw 1,720 contracts traded, representing about 172,000 underlying shares.

Lam Research Corp (LRCX) experienced a significant trading volume of 55,809 contracts, representing approximately 5.6 million underlying shares, or 62.6% of its monthly average of 8.9 million shares. The $320 strike call option expiring on May 1, 2026, was particularly active, with 3,579 contracts traded for around 357,900 underlying shares.

Chemed Corp (CHE) registered 1,513 contracts, covering approximately 151,300 underlying shares, which makes up 61.7% of its average daily trading volume of 245,055 shares. The $350 strike call option expiring on December 18, 2026, garnered attention with 1,201 contracts traded, amounting to around 120,100 underlying shares.

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