GoPro Inc (NASDAQ:GPRO) stock is up 72.3% at $1.51, extending its two-day surge after Markiplier disclosed an 8.5% stake worth $9 million. GPRO is seeing the most unusual options activity of the bunch, with 87,000 contracts exchanged so far, or 11.9 times the usual daily volume. Calls account for 74% of the total, compared to 26% puts.
Novartis AG (NYSE:NVS) shares are up 6.5% at $162.01 after the drugmaker reported positive results from two late-stage trials of its new multiple sclerosis pill, which helped patients experience fewer flare-ups. So far, 13,000 options have changed hands, or 2.9 times the usual daily volume. Puts are especially popular, accounting for 83% of the total options volume.
Comstock Resources Inc (NYSE:CRK) stock is up 6% at $15.30 after the company announced a $1.65 billion strategic partnership with SOCAR and a $450 million drilling joint venture with a partnership owned by the Jones family. Options volume is running at 2.8 times the usual daily amount, with 12,000 contracts exchanged. Calls make up an overwhelming 96% of the activity.
Howmet Aerospace Inc (NYSE:HWM) stock is up 3.9% at $254.50, rebounding after yesterday's selloff following Elon Musk's announcement that SpaceX plans to produce its own turbine components. Roughly 12,000 options have traded so far, or 2.5 times the usual daily volume, with puts accounting for 93% of the total.
Fervo Energy Co (NASDAQ:FRVO) shares are up 23.7% at $19.03 after the geothermal company secured its largest-ever power agreement with Alphabet's Google, covering nearly 400 megawatts of electricity from its Cape Station project in Utah. FRVO has seen 8,779 options cross the tape, or 2.7 times the usual daily volume, with calls accounting for 95% of the activity.