---
title: "Noteworthy Tuesday Option Activity: WGS, BWA, SPHR"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285253490.md"
description: "Noteworthy options trading activity was observed in GeneDx Holdings Corp (WGS), with 10,845 contracts traded, representing 1.1 million shares, or 148.6% of its average daily volume. BorgWarner Inc (BWA) saw 25,710 contracts, about 2.6 million shares, at 141.8% of its average. Sphere Entertainment Co (SPHR) had 8,115 contracts, equating to 811,500 shares, or 131% of its average. High volumes were noted for specific strike call options for each company, with WGS at $35, BWA at $60, and SPHR at $150, all expiring in 2026."
datetime: "2026-05-05T19:30:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285253490.md)
  - [en](https://longbridge.com/en/news/285253490.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285253490.md)
---

# Noteworthy Tuesday Option Activity: WGS, BWA, SPHR

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GeneDx Holdings Corp (Symbol: WGS), where a total volume of 10,845 contracts has been traded thus far today, a contract volume which is representative of approximately 1.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 148.6% of WGS's average daily trading volume over the past month, of 729,840 shares. Especially high volume was seen for the $35 strike call option expiring May 08, 2026, with 744 contracts trading so far today, representing approximately 74,400 underlying shares of WGS. Below is a chart showing WGS's trailing twelve month trading history, with the $35 strike highlighted in orange:

BorgWarner Inc (Symbol: BWA) saw options trading volume of 25,710 contracts, representing approximately 2.6 million underlying shares or approximately 141.8% of BWA's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $60 strike call option expiring May 15, 2026, with 4,283 contracts trading so far today, representing approximately 428,300 underlying shares of BWA. Below is a chart showing BWA's trailing twelve month trading history, with the $60 strike highlighted in orange:

And Sphere Entertainment Co (Symbol: SPHR) options are showing a volume of 8,115 contracts thus far today. That number of contracts represents approximately 811,500 underlying shares, working out to a sizeable 131% of SPHR's average daily trading volume over the past month, of 619,655 shares. Particularly high volume was seen for the $150 strike call option expiring November 20, 2026, with 4,000 contracts trading so far today, representing approximately 400,000 underlying shares of SPHR. Below is a chart showing SPHR's trailing twelve month trading history, with the $150 strike highlighted in orange:

For the various different available expirations for WGS options, BWA options, or SPHR options, visit StockOptionsChannel.com.

 Today's Most Active Call & Put Options of the S&P 500 »

##### Also see:

 Best Closed End Funds  
 ELE Dividend History  
 Manufacturing Dividend Stocks

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

### Related Stocks

- [SPHR.US](https://longbridge.com/en/quote/SPHR.US.md)
- [WGS.US](https://longbridge.com/en/quote/WGS.US.md)
- [BWA.US](https://longbridge.com/en/quote/BWA.US.md)
- [LABU.US](https://longbridge.com/en/quote/LABU.US.md)
- [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md)
- [SBIO.US](https://longbridge.com/en/quote/SBIO.US.md)
- [XBI.US](https://longbridge.com/en/quote/XBI.US.md)
- [PBE.US](https://longbridge.com/en/quote/PBE.US.md)
- [FBT.US](https://longbridge.com/en/quote/FBT.US.md)
- [IBB.US](https://longbridge.com/en/quote/IBB.US.md)
- [IDNA.US](https://longbridge.com/en/quote/IDNA.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md)
- [WGSWW.US](https://longbridge.com/en/quote/WGSWW.US.md)

## Related News & Research

- [VIRGINIA RETIREMENT SYSTEMS ET Al Grows Position in BorgWarner Inc. $BWA](https://longbridge.com/en/news/286552095.md)
- [Top BorgWarner Executive Makes Notable Stock Move, Sparking Investor Buzz](https://longbridge.com/en/news/286630105.md)
- [Top 2 Consumer Stocks That May Keep You Up At Night This Month](https://longbridge.com/en/news/286422560.md)
- [BorgWarner Inc. Stock Underperforms Tuesday When Compared To Competitors](https://longbridge.com/en/news/286968710.md)
- [Susquehanna Keeps Their Buy Rating on Sphere Entertainment (SPHR)](https://longbridge.com/en/news/286561314.md)