Surge in Options Trading for Harley-Davidson, Penguin Solutions, and ADTRAN

Harley-Davidson, Penguin Solutions, and ADTRAN Stand Out in Today’s Market

Among the stocks in the Russell 3000 index, Harley-Davidson Inc (Symbol: HOG) is experiencing a significant surge in options trading. Today, 7,872 contracts have changed hands, which translates to approximately 787,200 underlying shares. This represents about 58.1% of HOG’s average daily trading volume of 1.4 million shares over the past month. Specifically, a noteworthy volume was observed for the $23 strike put option that expires on May 16, 2025, with 3,000 contracts traded, accounting for roughly 300,000 underlying shares of HOG. Below is a chart illustrating HOG’s trading activity over the past twelve months, with the $23 strike highlighted in orange:

Penguin Solutions Inc (Symbol: PENG) is also showing robust options trading activity with 5,552 contracts traded so far today, representing around 555,200 underlying shares. This figure corresponds to a substantial 57.7% of PENG’s average daily trading volume of 962,145 shares over the last month. The $25 strike call option, expiring on March 21, 2025, has seen particularly high interest, with 1,906 contracts exchanged, reflecting approximately 190,600 underlying shares of PENG. Below is a chart highlighting PENG’s trading history over the past year, with the $25 strike marked in orange:

ADTRAN Holdings Inc (Symbol: ADTN) has also attracted attention with a total of 3,506 contracts traded today, equivalent to about 350,600 underlying shares. This volume represents a notable 51.3% of ADTN’s average daily trading activity of 683,850 shares in the last month. A significant volume of 2,844 contracts was traded for the $11 strike call option, which expires on February 21, 2025, equating to approximately 284,400 underlying shares of ADTN. The following chart illustrates the twelve-month trading history for ADTN, with the $11 strike option marked:

For more details on the various expirations available for HOG, PENG, or ADTN options, visit StockOptionsChannel.com.

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

Also see:

• IPOs
• Funds Holding SPRB
• KCAC market cap history

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