Notable Thursday Option Activity: AMC, ASTS, FUN

AST SpaceMobile (ASTS) and Six Flags Entertainment (FUN) are experiencing exceptionally high options trading volumes today, with ASTS volume at 142.5% and FUN at 126.7% of their average daily share trading volumes. This surge includes notable activity in ASTS's July 2025 $50 strike put and FUN's September 2025 $35 strike call options, indicating heightened investor interest and potential directional positioning in both stocks.

Analysis

AST SpaceMobile (ASTS) and Six Flags Entertainment (FUN) are both exhibiting exceptionally high options trading activity, indicating heightened investor focus and potential directional positioning. For ASTS, options volume reached 207,806 contracts, equivalent to 142.5% of its average daily share volume. A significant portion of this activity is concentrated in the July 2025 $50 strike put options, with 15,395 contracts traded, suggesting potential hedging or a significant bearish outlook on the stock's long-term valuation. Similarly, FUN saw its options volume surge to 126.7% of its average daily share volume. The activity in FUN is notably bullish, with a concentration of 12,068 contracts in the September 2025 $35 strike call options. This specific, long-dated call volume points to speculative interest in significant upside for the stock over the next year. The magnitude of these trades relative to typical equity volume suggests that sophisticated or institutional investors may be establishing large, strategic positions in both names.

Key Decisions for Investors

• Investors should recognize the elevated options volume in both ASTS and FUN as a signal of increased market attention and the potential for higher future volatility in the underlying shares.