Block Inc and Darden Restaurants See Heavy Options Trading Activity

Heavy options trading activity was observed today in Block Inc and Darden Restaurants, with notable volumes suggesting anticipated market movements. Investors should monitor these developments closely for potential stock price impacts.

Date: 19-03-2025

AI Rating: 6

Options Trading Highlights
Today's report highlights significant options trading activity for several companies, particularly Block Inc (XYZ) and Darden Restaurants (DRI). The high options volume often indicates increased investor interest and speculation on price movements.

For Block Inc, a total of 74,951 contracts have been traded, representing about 7.5 million underlying shares. This volume constitutes 58% of the average daily trading volume over the last month, which was 12.9 million shares. Additionally, a notable number of call options at the $62.50 strike price are being traded, signaling possibly bullish investor sentiment regarding this stock.

Darden Restaurants has also seen a considerable number of options traded, with 6,370 contracts representing around 637,000 underlying shares, making up 50.1% of its average daily trading volume. The substantial activity in put options at the $180 strike price suggests that investors may be hedging against potential downside risks.

Finally, Praxis Precision Medicines (PRAX) recorded a trading volume of 3,033 contracts, which is approximately 303,300 underlying shares, indicating 45.7% of its average daily volume. The activity here also shows a mix of investor sentiment, particularly regarding the $30 strike put options.

Stocks: XYZ DRI PRAX