Notable Thursday Option Activity: MED, GE, QCOM

On Thursday, notable options trading activity was observed in Medifast Inc (MED), with 1,812 contracts traded, comprising around 68.5% of its total shares. This surge indicates increased investor interest and potential volatility in the stock. Although there was no mention of General Electric (GE) and Qualcomm (QCOM) activity, the rise in MED options suggests a bullish sentiment among traders. Such significant options volume can foreshadow price movement in the underlying stock. Traders should monitor MED closely for potential price swings based on recent trading trends.