Noteworthy Friday Option Activity: WSC, ALGN, PENN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in WillScot Holdings Corp (Symbol: WSC), where a total of 8,636 contracts have traded so far, representing approximately 863,600 underlying shares. That amounts to about 61.5% of WSC's average daily trading volume over the past month of 1.4 million shares. Particularly high volume was seen for the $42.50 strike call option expiring October 18, 2024, with 3,025 contracts trading so far today, representing approximately 302,500 underlying shares of WSC. Below is a chart showing WSC's trailing twelve month trading history, with the $42.50 strike highlighted in orange:

Align Technology Inc (Symbol: ALGN) saw options trading volume of 3,902 contracts, representing approximately 390,200 underlying shares or approximately 61.3% of ALGN's average daily trading volume over the past month, of 636,665 shares. Particularly high volume was seen for the $240 strike put option expiring September 13, 2024, with 545 contracts trading so far today, representing approximately 54,500 underlying shares of ALGN. Below is a chart showing ALGN's trailing twelve month trading history, with the $240 strike highlighted in orange:

And PENN Entertainment Inc (Symbol: PENN) saw options trading volume of 18,062 contracts, representing approximately 1.8 million underlying shares or approximately 60.5% of PENN's average daily trading volume over the past month, of 3.0 million shares. Especially high volume was seen for the $20 strike put option expiring September 20, 2024, with 1,539 contracts trading so far today, representing approximately 153,900 underlying shares of PENN. Below is a chart showing PENN's trailing twelve month trading history, with the $20 strike highlighted in orange:

For the various different available expirations for WSC options, ALGN options, or PENN options, visit StockOptionsChannel.com.

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