Trading in options tied to Lionsgate Studios Corp. reached 21,646 contracts at 10:31 a.m. New York time today, according to exchange reporting. Call options comprised the vast majority of the volume, accounting for 18,828 contracts, while put activity totaled 2,818 contracts.
Among individual contracts, the July 17, 2026 $18 call emerged as the single largest position by contract volume, with 6,409 contracts traded. That trade contrasted sharply with the open interest reported for that strike, which stood at 5 contracts.
Large multi-leg activity was also evident. A diagonal spread that paired the July 17, 2026 $16 call with the June 18, 2026 $13 call accounted for a combined 4,075 contracts. That grouping included 1,002 contracts of the June 18, 2026 $13 calls, where open interest is listed at 8,733 contracts, and 3,073 contracts of the July 17, 2026 $16 calls, which show open interest of 3,285 contracts.
Another sizeable spread involved December-dated calls. A position combining the Dec. 18, 2026 $17 call and the Dec. 18, 2026 $20 call totaled 4,000 contracts. The split was 2,000 Dec. 18, 2026 $17 calls, with open interest of 14,053 contracts, and 2,000 Dec. 18, 2026 $20 calls, where open interest is reported as 82 contracts.
Put activity included the July 17, 2026 $14 put, which registered 2,346 contracts and carries open interest of 6,178 contracts. Additional call volume was concentrated in the June 18, 2026 $15 call, which represented 1,979 contracts and shows open interest of 4,280 contracts.
The net picture at mid-morning was one of pronounced call-centric activity and several large structured positions, spanning near-term June expirations and longer-dated July and December strikes. The data reflect active options positioning in LION on the exchange at the reported time.
What this means
- Options volume in LION was heavily skewed toward calls at the reported time.
- Traders executed sizable single-leg and multi-leg positions across June, July, and December expirations.
- Open interest at specific strikes varied widely, sometimes standing far below traded contract volumes for the session.