Options Trading Surge for Edgewise, Applied Digital, and IAC

Surging options trading volume has been observed today, particularly in Edgewise Therapeutics Inc, Applied Digital Corporation, and IAC Inc. High volume may indicate investor interest and future stock price movement.

Date: 14-01-2025

AI Rating: 6

Options Trading Activity
Today's report highlights significant options trading volumes in three companies: Edgewise Therapeutics Inc (EWTX), Applied Digital Corporation (APLD), and IAC Inc (IAC). This elevated activity can suggest investor sentiment and potential future stock price volatility.

Edgewise Therapeutics Inc (EWTX)
EWTX has seen a total of 6,942 contracts traded, accounting for about 71.8% of its average daily trading volume over the past month. This notable volume indicates strong investor interest, especially in the $25 strike call option expiring February 21, 2025, which experienced 3,232 contracts traded, representing 323,200 underlying shares.

Applied Digital Corporation (APLD)
APLD's options volume reached 114,527 contracts, representing about 11.5 million underlying shares, which is also 71.8% of its average daily trading volume. The $11 strike call option expiring January 17, 2025, particularly stood out with 10,597 contracts traded, signifying increased bullish sentiment among traders.

IAC Inc (IAC)
IAC recorded 5,806 contracts in options trading, representing approximately 71.6% of its past month’s average daily trading volume. The $45 strike call option expiring March 21, 2025, garnered attention with 1,029 contracts traded, indicating a growing interest among investors.

This analysis suggests a split market sentiment across these three companies as reflected in their options trading volumes. However, earnings data (EPS, revenue growth, net income, profit margins, FCF, ROE) is not discussed in the report, leaving investors without insights into fundamental performance.

Stocks: EWTX APLD IAC