Notable Monday Option Activity: MP, ONON, PANW

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in MP Materials Corp (Symbol: MP), where a total volume of 46,132 contracts has been traded thus far today, a contract volume which is representative of approximately 4.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 69.1% of MP's average daily trading volume over the past month, of 6.7 million shares. Especially high volume was seen for the $60 strike call option expiring August 14, 2026, with 4,556 contracts trading so far today, representing approximately 455,600 underlying shares of MP. Below is a chart showing MP's trailing twelve month trading history, with the $60 strike highlighted in orange:

On Holding AG (Symbol: ONON) options are showing a volume of 26,488 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 67.7% of ONON's average daily trading volume over the past month, of 3.9 million shares. Particularly high volume was seen for the $46 strike call option expiring August 21, 2026, with 2,658 contracts trading so far today, representing approximately 265,800 underlying shares of ONON. Below is a chart showing ONON's trailing twelve month trading history, with the $46 strike highlighted in orange:

And Palo Alto Networks, Inc (Symbol: PANW) saw options trading volume of 41,494 contracts, representing approximately 4.1 million underlying shares or approximately 67.4% of PANW's average daily trading volume over the past month, of 6.2 million shares. Especially high volume was seen for the $400 strike call option expiring August 14, 2026, with 2,204 contracts trading so far today, representing approximately 220,400 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $400 strike highlighted in orange:

For the various different available expirations for MP options, ONON options, or PANW options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Further MP Research:

• MP Stock Predictions
• MP Videos
• Financial Dividend Stock List

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