ELDN Unusual Options Activity - Eledon Pharmaceuticals

AI summary

On June 9, 2026, Eledon Pharmaceuticals, Inc. (ELDN) experienced notable options activity with a single print recorded. The transaction involved a call option with a strike price of $2.50, set to expire on November 20, 2026. The premium for this call option was $350,920, indicating a significant commitment to this position. The volume to open interest ratio for this option stood at 2.7, suggesting that the activity is notable relative to existing open interest. In contrast, no put options were traded during this session. Over the past 30 days, ELDN has seen options activity on only two days, highlighting the relative rarity of trading in this stock's options. Overall, this transaction reflects a concentrated interest in bullish sentiment for ELDN at this particular strike price and expiration date.

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