MGM Resorts International (MGM) recorded significant trading activity on October 16, with 11,422 options contracts exchanged, equating to approximately 1.1 million underlying shares. This represents 45.7% of its average daily volume of 2.5 million shares over the past month. Notably, 4,429 contracts for the $50 strike call option were traded today, corresponding to about 442,900 shares.
In related activity, Take-Two Interactive Software, Inc. (TTWO) saw trading of 9,794 options contracts, around 979,400 underlying shares, which amounts to 45.4% of its monthly average of 2.2 million shares. The most significant volume was for the $210 strike put option, with 5,005 contracts traded.
Hewlett Packard Enterprise Co (HPE) experienced trading volume of 70,069 contracts, representing approximately 7.0 million underlying shares, or 42.4% of its average daily volume of 16.5 million shares. Specifically, 3,223 contracts for the $60 strike call option were exchanged.
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