Significant Wednesday Options Trades: IIPR, CBRL, REPX

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Innovative Industrial Properties Inc (IIPR) has seen significant options trading today, with a total volume of 3,738 contracts, translating to approximately 373,800 underlying shares. This volume represents 165.6% of IIPR’s average daily trading volume of 225,665 shares for the past month. Notably, the $80 strike call option expiring June 17, 2027, accounted for 2,203 contracts, or around 220,300 underlying shares.

Cracker Barrel Old Country Store Inc (CBRL) is also experiencing high trading activity, with 14,643 contracts traded, representing about 1.5 million underlying shares—137.5% of its average daily volume of 1.1 million shares. The $45 strike put option expiring June 18, 2026, has seen 1,731 contracts traded, equivalent to approximately 173,100 underlying shares.

Riley Exploration Permian Inc (REPX) reported options trading volume of 3,032 contracts, or about 303,200 underlying shares, which is 83.7% of its average daily volume of 362,260 shares. The $40 strike call option expiring June 18, 2026, has 2,921 contracts traded, equating to around 292,100 underlying shares.

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