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Friday's options trading showed unusually high volume in Wolfspeed Inc. (WOLF), Circle Internet Group Inc. (CRCL), and Build-A-Bear Workshop Inc. (BBW), mostly in call options at specific strikes. This indicates strong trader interest in potential upside, volatility, or hedging strategies.

Friday's S&P 500 options activity shows notable volume in Goldman Sachs (GS), lululemon (LULU), and Block Inc. (XYZ), with concentrated strikes indicating market focus on risk and directional exposure. GS traded 21,631 contracts, LULU 31,958, and XYZ 37,663, highlighting key calls and puts near current price levels.

Texas Instruments shareholders can enhance income by selling a long-dated January 2028 covered call at a $490 strike, earning a 7.8% annualized premium plus a 1.8% dividend yield, totaling 9.6% annual cash yield. This caps upside beyond $490 but provides immediate premium and dividend income.

New October 16 options on Occidental Petroleum (OXY) offer 98 days to expiry, with key setups including a $45 cash-secured put and a $65 covered call. The put targets income with potential stock acquisition below current price; the call boosts income but limits upside beyond $65.

Unusual options volume is notable Thursday in Russell 3000 stocks Oklo (OKLO), Ionis Pharmaceuticals (IONS), and Replimune (REPL). OKLO shows heavy long-dated $200 calls, IONS has elevated calls near $87.50, and REPL sees put activity near $5, indicating diverse trader strategies and directional bets.