PENN Unusual Option Activity
PENN Entertainment Inc (PENN) option volume on Nov 4, 2026 was 14.3% of open interest, well above the 20-day average of 2.7%. Calls made up 98.3% of the volume. Relative to open interest, that was PENN's most active day in 12 weeks.
PENN Unusual Options FAQ
What makes option activity unusual?
Option activity is usually called unusual when a contract trades much more volume than its open interest, which can mean traders are opening new positions.
Is PENN seeing unusual options activity?
On Nov 4, 2026, PENN Entertainment options traded 6.34K contracts against 44.47K open, a volume to open interest ratio of 0.14, well above its 20-day average. The table above lists the contracts with the highest ratios.
Are PENN traders trading more calls or puts?
Calls made up 98.3% of PENN Entertainment option volume on Nov 4, 2026, a put/call ratio of 0.02, so calls outnumber puts. The PENN option volume chart shows calls and puts by strike.
What is PENN Entertainment Inc?
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania.