Notable Friday Option Activity: CIFR, FUBO, PCT

fuboTV (FUBO) and PureCycle Technologies (PCT) experienced notably high options trading volumes, representing 47.2% and 46.1% of their respective average daily stock trading volumes. Specifically, the FUBO $4.50 call option expiring October 10, 2025, and the PCT $15 call option expiring November 21, 2025, saw significant activity, indicating increased speculative interest or strategic positioning around these particular strike prices and expirations.

Analysis

fuboTV Inc (Symbol: FUBO) saw options trading volume of 64,371 contracts, representing approximately 6.4 million underlying shares or approximately 47.2% of FUBO's average daily trading volume over the past month, of 13.6 million shares. Particularly high volume was seen for the $4.50 strike call option expiring October 10, 2025, with 32,025 contracts trading so far today, representing approximately 3.2 million underlying shares of FUBO. Below is a chart showing FUBO's trailing twelve month trading history, with the $4.50 strike highlighted in orange: And PureCycle Technologies Inc (Symbol: PCT) options are showing a volume of 8,577 contracts thus far today. That number of contracts represents approximately 857,700 underlying shares, working out to a sizeable 46.1% of PCT's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $15 strike call option expiring November 21, 2025, with 1,519 contracts trading so far today, representing approximately 151,900 underlying shares of PCT. Below is a chart showing PCT's trailing twelve month trading history, with the $15 strike highlighted in orange: For the various different available expirations for CIFR options, FUBO options, or PCT options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: Stock MACD QBAK YTD Return Top Ten Hedge Funds Holding EMRE The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. fuboTV (FUBO) and PureCycle Technologies (PCT) are exhibiting significant and unusual options market activity, indicating a potential shift in investor sentiment or strategic positioning. For FUBO, options volume reached 64,371 contracts, equivalent to 47.2% of its average daily share volume. This activity was heavily concentrated in the October 10, 2025, $4.50 strike call option, which alone accounted for 32,025 contracts, or approximately 3.2 million underlying shares. Similarly, PCT saw options volume of 8,577 contracts, representing 46.1% of its average daily share volume, with a notable concentration in the November 21, 2025, $15 strike call option. The focus on long-dated call options for both tickers suggests that one or more market participants are placing significant bets on substantial price appreciation over a multi-year horizon. This level of concentrated, directional activity relative to normal stock liquidity is a strong technical signal that could precede increased volatility or reflect informed positioning ahead of anticipated catalysts.

Key Decisions for Investors

• Investors should investigate potential fundamental catalysts for FUBO and PCT, as the significant volume in long-dated call options suggests certain market participants are positioning for substantial price appreciation by late 2025.
• The heavy concentration of activity around the $4.50 strike for fuboTV and the $15 strike for PureCycle establishes these levels as key psychological and technical points to monitor for future price action and potential momentum shifts.