Thursday Highlights in Options Trading: GD, WDFC, PENN

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General Dynamics Corp (Symbol: GD) experienced significant options trading today, with 6,218 contracts exchanged, equating to roughly 621,800 underlying shares. This figure represents 63.2% of GD’s average daily trading volume over the past month, which is 984,045 shares. Notably, the $340 strike put option expiring on October 24, 2025, saw 830 contracts traded, approximating 83,000 underlying shares.

WD-40 Co (Symbol: WDFC) recorded options trading of 831 contracts, translating to around 83,100 underlying shares. This volume represents 61.4% of WDFC’s average daily trading volume, which is 135,280 shares. High activity was noted for the $200 strike call option expiring on February 20, 2026, with 325 contracts traded, representing about 32,500 underlying shares.

PENN Entertainment Inc (Symbol: PENN) saw an even higher trading volume of 19,299 contracts, equating to approximately 1.9 million underlying shares, or 60.7% of its average daily trading volume of 3.2 million shares. The $18.50 strike call option expiring on October 24, 2025, accounted for 10,341 contracts traded, representing approximately 1.0 million underlying shares.

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