Surge in Options Trading Volume for ESAB and Costco
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 23 2026
0mins
Source: NASDAQ.COM
- ESAB Options Volume: ESAB Corp saw an options trading volume of 10,507 contracts today, representing approximately 1.1 million shares, which is about 126.9% of its average daily trading volume of 828,120 shares over the past month, indicating strong market interest in the stock.
- High Put Option Activity: Particularly notable was the $85 strike put option, with 3,500 contracts traded today, representing around 350,000 underlying shares, reflecting investor expectations of potential price declines in the future.
- Costco Options Dynamics: Costco Wholesale Corp also experienced significant options trading, with a volume of 30,186 contracts today, equating to approximately 3.0 million shares, or 119.8% of its average daily trading volume of 2.5 million shares over the past month, showcasing heightened investor attention on its stock performance.
- High Call Option Activity: The $1100 strike call option for Costco was particularly active, with 2,434 contracts traded today, representing about 243,400 underlying shares, indicating market optimism regarding its future price potential.
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Analyst Views on IRDM
Wall Street analysts forecast IRDM stock price to fall
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 53.750
Low
16.00
Averages
25.83
High
37.00
Current: 53.750
Low
16.00
Averages
25.83
High
37.00
About IRDM
Iridium Communications Inc. is a provider of global voice, data, and positioning, navigation and timing (PNT) satellite services. The Company is a commercial provider of communications services offering true global coverage, connecting people, organizations and assets to and from anywhere, in real time. Its principal vertical lines of business include land mobile, maritime, aviation, Internet of things (IoT), hosted payloads and other data services, which includes navigation and timing (PNT), and the United States government. Its handset offerings include Iridium 9555, Iridium Extreme, Iridium Extreme PTT, Iridium GO!, and Iridium GO! Exec. The Company's primary business is to provide voice and data communications services to businesses, the United States and foreign governments, non-governmental organizations, and consumers via our satellite network, which has an architecture of over 66 operational satellites with in-orbit spares and related ground infrastructure.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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