Notable Monday Option Activity: MP, ONON, PANW

On Holding AG (Symbol: ONON) options are showing a volume of 26,488 contracts thus far today. That number of contracts represents approximately 2.6 million underlying shares, working out to a sizeable 67.7% of ONON's average daily trading volume over the past month, of 3.9 million shares.

Particularly high volume was seen for the $46 strike call option expiring August 21, 2026 , with 2,658 contracts trading so far today, representing approximately 265,800 underlying shares of ONON. Below is a chart showing ONON's trailing twelve month trading history, with the $46 strike highlighted in orange:

And Palo Alto Networks, Inc (Symbol: PANW) saw options trading volume of 41,494 contracts, representing approximately 4.1 million underlying shares or approximately 67.4% of PANW's average daily trading volume over the past month, of 6.2 million shares.

Especially high volume was seen for the $400 strike call option expiring August 14, 2026 , with 2,204 contracts trading so far today, representing approximately 220,400 underlying shares of PANW. Below is a chart showing PANW's trailing twelve month trading history, with the $400 strike highlighted in orange:

For the various different available expirations for MP options , ONON options , or PANW options , visit StockOptionsChannel.com.

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