Options trading for Reddit Inc (RDDT) surged today, with 36,358 contracts traded, equating to approximately 3.6 million underlying shares, or 86.3% of its average daily volume of 4.2 million shares over the past month. Notably, 3,098 contracts of the $148 strike put option, expiring July 24, 2026, were traded, representing about 309,800 underlying shares.
Wolfspeed Inc (WOLF) also experienced significant options trading, with 33,086 contracts traded—a volume of 3.3 million underlying shares, or 82.8% of its average daily volume of 4.0 million shares. The $25 strike put option, expiring September 18, 2026, saw 12,685 contracts traded, amounting to approximately 1.3 million underlying shares.
Domo Inc (DOMO) reported 14,697 contracts traded, representing 1.5 million underlying shares or 79.2% of its average daily trading volume of 1.9 million shares. There was notable activity in the $3 strike call option expiring August 21, 2026, with 2,659 contracts traded, covering around 265,900 underlying shares.
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