EXTR Unusual Options Activity - Extreme Networks

AI summary

On May 7, 2026, notable options activity was observed in Extreme Networks, Inc. (EXTR). A single print was recorded, consisting entirely of call options. Specifically, a large call transaction involved the purchase of 4,300 contracts of the EXTR call option with a strike price of $23.00, set to expire on June 18, 2026. The premium for this transaction amounted to $97,740, indicating significant interest in this particular strike price. The volume-to-open interest (Vol/OI) ratio for this call option stood at 4.3, suggesting that the volume of trades was notably higher than the existing open interest, which could indicate a fresh position being established. Over the past 30 days, this was the only active day for options trading in EXTR, highlighting the unusual nature of this activity. There were no put options traded during this period, reflecting a clear preference for call options among participants.

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