Jun. 22 at 8:09 PM
Options activity in Cogent Communications Holdings increased sharply on Monday, with total volume reaching 2,401 contracts by 8:40 p.m. ET, according to Bloomberg market data. Trading was overwhelmingly concentrated in call options, which accounted for 2,302 contracts, while put volume totaled just 99 contracts, suggesting investors were positioning for potential upside in the stock.
The most heavily traded contract was the July 17, 2026 call option with a
$17.50 strike price. The contract recorded 1,472 traded contracts, significantly exceeding its open interest of 630 contracts as of June 18, a sign of fresh trading activity and renewed investor interest.
The concentration of bullish options bets indicates traders are watching for further gains in the telecommunications and internet-services provider.
$CCOI