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Noteworthy Wednesday Option Activity: RAD, MNOV, BTAI
Wednesday, September 23, 3:18 PM ET, by Market News Video Staff

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume ...

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Noteworthy Wednesday Option Activity: RAD, MNOV, BTAI

By Market News Video Staff, Wednesday, September 23, 3:18 PM ET
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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Rite Aid Corp (NYSE:RAD), where a total of 21,930 contracts have traded so far, representing approximately 2.2 million underlying shares. That amounts to about 83.1% of RAD's average daily trading volume over the past month of 2.6 million shares. Especially high volume was seen for the $14 strike call option expiring September 25, 2020, with 1,954 contracts trading so far today, representing approximately 195,400 underlying shares of RAD. Below is a chart showing RAD's trailing twelve month trading history, with the $14 strike highlighted in orange:

Medicinova Inc (NASDAQ:MNOV) saw options trading volume of 1,211 contracts, representing approximately 121,100 underlying shares or approximately 71.3% of MNOV's average daily trading volume over the past month, of 169,750 shares. Particularly high volume was seen for the $7.50 strike call option expiring October 16, 2020, with 515 contracts trading so far today, representing approximately 51,500 underlying shares of MNOV. Below is a chart showing MNOV's trailing twelve month trading history, with the $7.50 strike highlighted in orange:

And BioXcel Therapeutics Inc (NASDAQ:BTAI) saw options trading volume of 3,377 contracts, representing approximately 337,700 underlying shares or approximately 68.5% of BTAI's average daily trading volume over the past month, of 492,665 shares. Particularly high volume was seen for the $60 strike call option expiring May 21, 2021, with 1,554 contracts trading so far today, representing approximately 155,400 underlying shares of BTAI. Below is a chart showing BTAI's trailing twelve month trading history, with the $60 strike highlighted in orange:

For the various different available expirations for RAD options, MNOV options, or BTAI options, visit StockOptionsChannel.com.


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