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Kosmos Energy Sees Unusually Large Options Volume (NYSE:KOS)
Kosmos Energy (NYSE:KOS) experienced unusually large options trading, with call option volume increasing by 282% to 19,453 contracts. This surge in trading coincides with recent insider share sales by CFO Nealesh D. Shah and CAO Ronald W. Glass, totaling 272,844 shares worth $377,592 over the last 90 days. Despite the insider selling, institutional investors have been actively trading KOS shares, and the company’s stock jumped 18.4% to $2.10 on Friday with heavy trading volume.