Large amount of put options bought on Monday.. 6,108 contracts
*not really, considering daily volume
Veru Inc. (NASDAQ:VERU) was the target of some unusual options trading activity on Monday. Investors acquired 6,108 put options on the company. This represents an increase of 2,909% compared to the average daily volume of 203 put options.
A number of institutional investors have recently modified their holdings of VERU. Strategic Advisors LLC purchased a new stake in shares of Veru during the 3rd quarter worth approximately $25,000. XTX Markets LLC purchased a new stake in shares of Veru during the 3rd quarter worth approximately $33,000. Advisor Group Holdings Inc. lifted its position in shares of Veru by 199.1% during the 2nd quarter. Advisor Group Holdings Inc. now owns 10,515 shares of the company’s stock worth $35,000 after buying an additional 7,000 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Veru during the 3rd quarter worth approximately $48,000. Finally, HighTower Advisors LLC purchased a new stake in shares of Veru during the 2nd quarter worth approximately $62,000. Institutional investors own 23.13% of the company’s stock. |
