Significant Tuesday Options Trading: WLY, UTHR, GSAT

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John Wiley & Sons Inc. (WLY) experienced significant options trading today, totaling 1,670 contracts—approximately 167,000 underlying shares—representing 57.4% of its average daily trading volume of 290,990 shares over the past month. The $35 strike put option expiring on September 19, 2025, accounted for 841 contracts (about 84,100 underlying shares).

United Therapeutics Corp (UTHR) saw options trading volume of 3,971 contracts, which corresponds to approximately 397,100 underlying shares or 57.1% of its average daily trading volume of 695,070 shares. Notably, the $400 strike call option expiring September 19, 2025, had 441 contracts traded (around 44,100 underlying shares).

Globalstar Inc (GSAT) recorded options trading volume of 4,274 contracts, equating to approximately 427,400 underlying shares, or 56.6% of its average daily trading volume of 754,485 shares. The $35 strike call option for expiration on September 19, 2025, registered 809 contracts, representing roughly 80,900 underlying shares.

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