HomeMarket NewsSignificant Tuesday Options Trading Trends: SLNO, SKY, URBN

Significant Tuesday Options Trading Trends: SLNO, SKY, URBN

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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.

nslideshow 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.

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