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Options Trading Highlights for CELH, AMD, and BHVN

Noteworthy options trading is observed in CELH, AMD, and BHVN today. CELH traded 78,165 contracts, representing 91% of its average daily volume, while AMD's options reached 371,121 contracts. This activity signals potential movements in stock prices alongside traders' expectations.

Date: 
AI Rating:   7
Market Overview
This report highlights significant options trading activity for three companies: Celsius Holdings Inc (CELH), Advanced Micro Devices Inc (AMD), and Biohaven Ltd (BHVN). Such trading volumes can often reflect investor sentiment and potential price movements in the underlying stocks.

Celsius Holdings Inc (CELH)
The trading volume of 78,165 contracts indicates robust activity, representing around 7.8 million underlying shares, which is a significant 91% of CELH's average daily trading volume. The demand seen in the $38 strike call options suggests that investors are anticipating upward movement and a bullish sentiment surrounding CELH. Generally, high call option volumes could suggest growing confidence or optimism in the company's future stock performance.

Advanced Micro Devices Inc (AMD)
AMD has also witnessed notable options trading, with 371,121 contracts traded, which constitutes approximately 80.4% of its average daily volume. The specific high volume in the $87 strike put options may indicate some bearish sentiment or potential hedging activities among institutional investors. This notable activity in put options could be cause for concern regarding future stock price performance. Depending on broader market conditions, this puts AMD at risk of downward pressure if investors’ concerns are realized.

Biohaven Ltd (BHVN)
With 12,678 contracts traded, BHVN shows robust trading as well, with about 78.2% of its average daily volume. The high activity around the $20 strike call options points to investor anticipation of positive developments or upward movement. This suggests that traders expect favorable outcomes for Biohaven in the near future, potentially driven by upcoming news or earnings anticipated by the market.

In conclusion, the active options trading scenarios in CELH appear to reflect bullish sentiment, while AMD shows mixed signals with high put volume suggesting caution. On the other hand, BHVN's strong call option trades could reflect positive expectations. Investors should monitor these situations closely, as options activity often precedes stock price changes.
Stocks:  CELH AMD BHVN