Significant Tuesday Options Trading Trends: SLNO, SKY, URBN

Avatar photo

Spike in Options Trading for Soleno, Champion Homes, and Urban Outfitters

Soleno Therapeutics Sees Exceptional Trading Volume

Among the companies in the Russell 3000 index, Soleno Therapeutics Inc (Symbol: SLNO) is making headlines today due to a significant uptick in options trading. So far, 11,710 contracts have been exchanged, which corresponds to about 1.2 million underlying shares. This figure represents around 223% of SLNO’s average daily trading volume of 525,045 shares over the past month. Notably, the $40 strike put option expiring on January 17, 2025, has garnered high interest, with 4,622 contracts traded, equating to roughly 462,200 underlying shares. Below is a chart displaying SLNO’s trading history, highlighting the $40 strike option in orange:

Loading chart — 2024 TickerTech.com

Strong Activity for Champion Homes Options

Champion Homes Inc (Symbol: SKY) is also experiencing notable options trading volume. Currently, 3,599 contracts have changed hands, reflecting about 359,900 underlying shares. This activity translates to a robust 86.5% of SKY’s average daily trading volume of 416,115 shares seen over the last month. The $100 strike put option, set to expire on December 20, 2024, has attracted considerable attention, with 3,017 contracts traded so far today, representing approximately 301,700 underlying shares. A chart showing SKY’s trading history follows, with the $100 strike option highlighted in orange:

Loading chart — 2024 TickerTech.com

Urban Outfitters Options Trading Volume Remains High

Urban Outfitters, Inc. (Symbol: URBN) is also seeing active options trading, with 10,983 contracts traded today. This figure translates to approximately 1.1 million underlying shares, making up about 80.4% of URBN’s average daily trading volume of 1.4 million shares over the past month. The $45 strike call option set to expire on December 20, 2024, stands out, with 2,033 contracts exchanged, which represents roughly 203,300 underlying shares. Below is a chart illustrating URBN’s trading history, with the $45 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Explore More Options Trading Details

For more information on the various available expirations for SLNO, SKY, or URBN options, visit StockOptionsChannel.com.

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

Also see:

• Institutional Holders of GGM
• MCD DMA
• Funds Holding WPT

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

The free Daily Market Overview 250k traders and investors are reading

Read Now