Noteworthy Monday Option Activity: LMND, AMBC, MED
Stock Options Channel Staff - Monday, December 11, 3:21 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Lemonade Inc (LMND), where a total of 11,033 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 56.4% of LMND's average daily trading volume over the past month of 2.0 million shares. Especially high volume was seen for the $20 strike call option expiring January 19, 2024, with 1,166 contracts trading so far today, representing approximately 116,600 underlying shares of LMND. Below is a chart showing LMND's trailing twelve month trading history, with the $20 strike highlighted in orange:
Ambac Financial Group, Inc. (AMBC) options are showing a volume of 2,432 contracts thus far today. That number of contracts represents approximately 243,200 underlying shares, working out to a sizeable 55.9% of AMBC's average daily trading volume over the past month, of 434,790 shares.
Especially high volume was seen for the $15 strike call option expiring January 19, 2024, with 724 contracts trading so far today, representing approximately 72,400 underlying shares of AMBC. Below is a chart showing AMBC's trailing twelve month trading history, with the $15 strike highlighted in orange:
And Medifast Inc (MED) saw options trading volume of 891 contracts, representing approximately 89,100 underlying shares or approximately 54% of MED's average daily trading volume over the past month, of 164,915 shares.
Especially high volume was seen for the $65 strike put option expiring December 15, 2023, with 334 contracts trading so far today, representing approximately 33,400 underlying shares of MED. Below is a chart showing MED's trailing twelve month trading history, with the $65 strike highlighted in orange:
For the various different available expirations for LMND options, AMBC options, or MED options, visit StockOptionsChannel.com.