Wednesday Highlights: Key Options Activity in PAG, MDB, and NVDA

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Among the components of the Russell 3000 index, Penske Automotive Group Inc (PAG) recorded a significant options trading volume today, with 7,311 contracts exchanged, representing approximately 731,100 shares. This figure is about 204.8% of PAG’s average daily trading volume of 356,930 shares over the past month. Notably, 3,575 contracts of the $190 strike put option expiring November 20, 2026, accounted for approximately 357,500 underlying shares.

MongoDB Inc (MDB) also saw high activity, with 63,265 contracts traded, equating to around 6.3 million underlying shares, which is 195.9% of its average daily volume of 3.2 million shares. The $360 strike call option expiring October 02, 2026, saw 2,983 contracts, around 298,300 underlying shares traded.

NVIDIA Corp (NVDA) experienced a remarkable options volume of 2.2 million contracts, translating to approximately 218.9 million underlying shares, or 195% of its average daily volume of 112.3 million shares. The $232.50 strike call option expiring September 30, 2026, had 393,891 contracts traded, representing about 39.4 million underlying shares.

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