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Markets Score 35 Neutral

Notable Options Activity Observed in SiriusXM, Marvell, and West Pharmaceutical Services

Apr 06, 2026 19:32 UTC
WST, SIRI, MRVL
Immediate term

Options trading in SiriusXM, Marvell Technology, and West Pharmaceutical Services has shown significant volume on Monday, with specific contracts drawing heightened attention.

  • SiriusXM's options volume reached 19,008 contracts, representing 50.3% of its average daily trading volume.
  • The $23 strike put option for SiriusXM expiring June 18, 2026, saw 5,496 contracts traded.
  • Marvell Technology's options volume totaled 128,589 contracts, representing 49.4% of its average daily volume.
  • The $115 strike call option for Marvell expiring April 10, 2026, had 9,401 contracts traded.
  • Options activity in these stocks is notable but not indicative of a broad market trend.
  • No specific figures were provided for West Pharmaceutical Services' options activity.

On Monday, options trading in SiriusXM Holdings Inc (SIRI), Marvell Technology Inc (MRVL), and West Pharmaceutical Services, Inc (WST) has attracted notable activity, with certain contracts seeing elevated volumes. SiriusXM's options trading volume reached 19,008 contracts, representing 1.9 million underlying shares, which accounts for 50.3% of its average daily trading volume over the past month. The $23 strike put option expiring on June 18, 2026, saw particularly high volume, with 5,496 contracts traded, equivalent to 549,600 shares. Marvell Technology's options activity was even more pronounced, with 128,589 contracts traded, representing 12.9 million underlying shares, or 49.4% of its average daily volume. The $115 strike call option expiring on April 10, 2026, was the most active, with 9,401 contracts traded, translating to 940,100 shares. While West Pharmaceutical Services' options activity was also notable, specific figures were not provided in the available data. These developments suggest increased investor interest in these stocks, potentially driven by upcoming events or strategic considerations. However, the activity does not indicate a broad market-moving event, as the volume is concentrated in individual securities rather than a wider trend.

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