High Options Trading Volume Noted for Dollar Tree, Incyte, Amgen

Today's report highlights significant options trading activity in Dollar Tree Inc, Incyte Corporation, and Amgen Inc, reflecting potential investor interest that could impact stock prices in the near term.

Date: 13-09-2024

AI Rating: 6

The report indicates noteworthy options trading volume in several companies, which can signal potential changes in stock prices. High options volume can reflect investor sentiment and expectations for future performance.

For Dollar Tree Inc (DLTR), a total volume of 31,208 contracts, representing about 3.1 million underlying shares, has been traded today. This figure is 50.4% of DLTR's average daily trading volume. Particularly notable is the trading for the $73 strike call option expiring September 13, 2024, with 2,944 contracts traded, which translates to roughly 294,400 underlying shares.

Similarly, Incyte Corporation (INCY) has reported 8,766 contracts traded, equating to approximately 876,600 underlying shares or 50.3% of its average daily volume. The $67.50 strike call option expiring September 20, 2024 has garnered 3,210 contracts, representing around 321,000 underlying shares.

Lastly, Amgen Inc (AMGN) has reported a volume of 8,406 contracts, indicating a trading volume of about 840,600 shares—50.2% of its average volume. The $330 strike put option expiring September 20, 2024 has 2,360 contracts trading, representing approximately 236,000 underlying shares.

Stocks: DLTR INCY AMGN