Significant Options Activity in Blackstone, PENN, and MongoDB

Notable options trading volume has been observed today, particularly in Blackstone, PENN Entertainment, and MongoDB. This influx could signal potential volatility and investor sentiment shifts that may influence stock prices.

Date: 07-02-2025

AI Rating: 6

Options Trading Volume
Today's report highlights considerable options trading activity among several companies in the Russell 3000 index, specifically Blackstone Inc (BX), PENN Entertainment Inc (PENN), and MongoDB Inc (MDB).

For Blackstone Inc, the options trading volume reached a total of 17,934 contracts, translating to around 1.8 million underlying shares. This volume constitutes 56.6% of the company's average daily trading volume of 3.2 million shares over the past month. Notably, there was heightened interest in the $177.50 strike call option expiring on February 07, 2025, with 5,094 contracts traded, which represents about 509,400 underlying shares.

In the case of PENN Entertainment Inc, the total options volume was reported at 31,776 contracts, equivalent to roughly 3.2 million underlying shares, which is 56.3% of its average daily trading volume of 5.6 million shares. A significant volume was observed for the $20 strike put option expiring on February 21, 2025, with 5,013 contracts traded, representing around 501,300 underlying shares.

Lastly, MongoDB Inc saw an options trading volume of 8,224 contracts, approximately 822,400 underlying shares, or 53.6% of its average daily trading volume of 1.5 million shares. The $285 strike call option expiring on February 07, 2025, attracted considerable interest with 722 contracts traded, representing about 72,200 underlying shares.

This data suggests a notable uptick in market activity for these stocks, specifically in their options trading, which could lead to increased volatility and impact stock prices depending on subsequent market movements and investor sentiment. The rise in trading volumes, particularly for call and put options, often indicates traders may be positioning for price changes, either upward or downward. Investors should monitor this activity closely as it can signal potential shifts in sentiment toward these companies.

Stocks: BX PENN MDB