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Increased Options Activity Signals Potential Moves for APP, NPO, ANAB

Stock options trading sees significant volume for Applovin Corp, Enpro Inc, and AnaptysBio Inc today, suggesting potential stock volatility. Investors should consider these trends carefully.

Date: 
AI Rating:   6
Options Trading Activity: The report indicates a substantial increase in options trading volumes for three companies: Applovin Corp (APP), Enpro Inc (NPO), and AnaptysBio Inc (ANAB). These heightened trading volumes may serve as a barometer for potential stock price movements in the future.

Applovin Corp (APP): A total of 58,522 contracts have traded, equivalent to 5.9 million underlying shares, which is 150% of its average daily trading volume. Particularly notable is the activity surrounding the $390 strike call option expiring February 14, 2025, where 1,736 contracts have traded, indicating strong bullish sentiment.

Enpro Inc (NPO): Options trading volume reached 1,420 contracts, approximately 147.5% of NPO's average daily volume. The high volume on the $180 strike call option expiring February 21, 2025, with 500 contracts, indicates investor interest that could lead to increased stock price volatility.

AnaptysBio Inc (ANAB): A total of 8,724 contracts represent approximately 872,400 underlying shares traded today, constituting 124.6% of ANAB's average daily volume. Significant interest in the $10 strike put option expiring March 21, 2025, with 2,926 contracts, may suggest bearish sentiment or hedging strategies being employed by investors.

Overall, the increased trading activity in options for these companies can signal investor sentiment that could affect stock prices. Investors should monitor these developments closely as they might indicate forthcoming price changes.