Today, Lyft Inc (LYFT) reported significant options trading activity, with a total volume of 91,016 contracts traded, which equates to approximately 9.1 million underlying shares or 61.7% of its average daily trading volume of 14.7 million shares over the past month. A notable 10,524 contracts of the $16 strike call option expiring August 15, 2025, were traded, representing around 1.1 million shares.
PENN Entertainment Inc (PENN) also saw strong trading, with 22,739 contracts exchanged, representing about 2.3 million shares, or 60.6% of its average daily volume of 3.8 million shares. The $22 strike call option expiring October 17, 2025, had particularly high activity, with 15,526 contracts traded, translating to approximately 1.6 million underlying shares.
Meanwhile, Golar LNG Ltd (GLNG) recorded a trading volume of 4,987 contracts, representing around 498,700 shares, or 58.7% of its average daily volume of 849,275 shares. The $45 strike call option expiring January 16, 2026, saw 4,001 contracts change hands, representing about 400,100 underlying shares.
