Options Trading Volume Surges in DigitalBridge, OneMain, Wingstop

A recent report highlights significant options trading volumes for DigitalBridge Group Inc, OneMain Holdings Inc, and Wingstop Inc, indicating investor interest in these companies. The activity may impact their stock prices moving forward.

Date: 11-09-2024

AI Rating: 7

The report reveals notable options trading activity for several companies, which could serve as indicators of investor sentiment and potential stock price movements.

1. DigitalBridge Group Inc (DBRG): Options trading for DBRG saw a high volume of 10,637 contracts, accounting for approximately 57.9% of its average daily trading volume over the past month. The popular $13 strike call option is noteworthy, with 3,825 contracts traded. This surge indicates a bullish outlook among investors about DBRG's performance.

2. OneMain Holdings Inc (OMF): OMF options are also gaining traction with a total of 4,642 contracts traded, representing 57.8% of its average daily volume. High interest in the $50 strike call option suggests investors are optimistic about OMF's future performance.

3. Wingstop Inc (WING): WING has noted 1,891 contracts traded, which is 56.2% of its daily average. The $350 strike put option shows a significant amount of trading interest, indicating potential caution or bearish sentiment among some traders.

The high trading volumes for call options in DBRG and OMF imply bullish sentiment, implying that investors anticipate upward pricing movement. Conversely, the put activity seen in WING may reflect some concern regarding its stock direction.

Stocks: DBRG OMF WING