Boston Omaha, TransMedics, Marathon Petroleum see surge in options trading

Boston Omaha Corp (BOC), TransMedics Group Inc (TMDX), and Marathon Petroleum Corp (MPC) experienced significant options trading activity on Tuesday, with notable volumes surpassing their average daily trading levels. BOC saw 1,872 contracts traded, which equates to about 187,200 underlying shares. This figure is approximately 180.8% of BOC's average daily trading volume of 103,550 shares over the past month. The most active option was the $15 strike call option set to expire on September 18, 2026, with 1,848 contracts traded.

TMDX's options trading volume reached 16,877 contracts, representing around 1.7 million underlying shares. This amount accounts for about 169% of TMDX's average daily trading volume of 998,600 shares during the last month. A significant portion of this activity came from the $80 strike put option, with 5,007 contracts traded, translating to about 500,700 underlying shares. This uptick in trading may signal investor sentiment about the company’s future performance.

Marathon Petroleum Corp also saw a substantial increase in options trading, with 33,003 contracts exchanged, indicating roughly 3.3 million underlying shares. This volume is around 138% of MPC's average daily trading volume of 2.4 million shares. The $290 strike call option, which expires on August 21, 2026, was particularly active, with 4,560 contracts traded, or approximately 456,000 underlying shares.

The surge in options trading for these companies may reflect investor speculation or hedging strategies amid current market conditions. As traders respond to various economic indicators and company developments, the options market will likely continue to fluctuate, highlighting investor sentiment and potential future movements in share prices for BOC, TMDX, and MPC.