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Notable Tuesday Option Activity: STX, MRVL, WDC

Marvell Technology Inc (Symbol: MRVL) saw options trading volume of 124,611 contracts, representing approximately 12.5 million underlying shares or approximately 47.5% of MRVL's average daily trading volume over the past month, of 26.3 million shares. Especially high volume was seen for the $240 strike call option expiring August 14, 2026, with 6,053 contracts trading so far today, representing approximately 605,300 underlying shares of MRVL. Below is a chart showing MRVL's trailing twelve month trading history, with the $240 strike highlighted in orange:

And Western Digital Corp (Symbol: WDC) saw options trading volume of 32,467 contracts, representing approximately 3.2 million underlying shares or approximately 44.2% of WDC's average daily trading volume over the past month, of 7.3 million shares. Especially high volume was seen for the $490 strike put option expiring July 31, 2026, with 2,121 contracts trading so far today, representing approximately 212,100 underlying shares of WDC. Below is a chart showing WDC's trailing twelve month trading history, with the $490 strike highlighted in orange:

For the various different available expirations for STX options, MRVL options, or WDC options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

Further STX Research:

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.