Significant Wednesday Options Trading Insights: OI, PRMB, PBF

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O-I Glass Inc (Symbol: OI) is experiencing significant trading activity today, with 21,877 contracts exchanged, equating to approximately 2.2 million underlying shares. This volume represents 134.3% of OI’s average daily trading volume of 1.6 million shares over the past month. Notably, the $10 strike call option expiring on December 18, 2026, saw 19,522 contracts traded, representing about 2.0 million underlying shares.

Primo Brands Corp (Symbol: PRMB) also reported heightened trading, with 49,475 contracts traded today, representing roughly 4.9 million underlying shares—133.6% of its average daily volume of 3.7 million shares. The $25 strike call option expiring on May 15, 2026, accounted for 25,319 contracts, or about 2.5 million underlying shares.

Additionally, PBF Energy Inc (Symbol: PBF) recorded 42,111 contracts traded, which is about 4.2 million underlying shares or 132% of its average daily volume of 3.2 million shares. The $45 strike call option expiring on May 15, 2026, had 15,308 contracts traded, representing approximately 1.5 million underlying shares.

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