Significant Thursday Options Trading: BYRN, Z, IIPR

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On October 5, 2023, Byrna Technologies Inc (BYRN) experienced significant options trading volume with 5,860 contracts exchanged, equating to approximately 586,000 underlying shares, or 112% of its average daily trading volume of 523,055 shares. Notably, the $30 strike call option expiring on July 18, 2025, had 1,445 contracts trading, representing around 144,500 underlying shares.

Zillow Group Inc (Z) also reported high options trading today with 20,295 contracts traded, around 2.0 million underlying shares, marking 107.2% of its average daily volume of 1.9 million shares. The $78 strike call option expiring on July 11, 2025, accounted for 16,542 contracts, or approximately 1.7 million underlying shares.

Additionally, Innovative Industrial Properties Inc (IIPR) saw options trading volume of 2,861 contracts, equivalent to about 286,100 underlying shares, which is 106.1% of its average daily volume of 269,735 shares. The $40 strike put option expiring on January 16, 2026, had 2,001 contracts traded, representing roughly 200,100 underlying shares.

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