On October 10, 2023, Oscar Health Inc (OSCR) reported a trading volume of 92,745 options contracts, equivalent to approximately 9.3 million underlying shares, marking 82% of its average daily trading volume of 11.3 million shares over the past month. The notable activity was primarily in the $16 strike call option expiring July 18, 2025, which saw 12,385 contracts traded, representing around 1.2 million underlying shares.
Peloton Interactive Inc (PTON) experienced a trading volume of 124,433 contracts, representing about 12.4 million underlying shares or 80.8% of its average daily trading volume of 15.4 million shares. This activity was driven by the $7 strike call option expiring July 18, 2025, which had 74,464 contracts traded, equating to approximately 7.4 million underlying shares.
Marvell Technology Inc (MRVL) recorded 154,646 options contracts traded, equivalent to 15.5 million underlying shares, representing 71.6% of its average daily volume of 21.6 million shares. A significant portion of this was attributed to the $72 strike call option expiring June 20, 2025, with 21,907 contracts traded, or about 2.2 million underlying shares.
