X-Energy stock faces a critical deadline as substantial options contracts expire on September 18, 2026. Late August reports revealed a massive surge in speculative bets through $20 strike price straddles.

Traders positioned for significant price swings in either direction ahead of the expiration date. This market activity suggests anticipation of a major catalyst or news event.

Trading volume included 20,000 contracts in the $20 straddle. Over 8,000 contracts targeted the $35 call strike. These volumes far exceeded previous open interest, signaling new high-volatility positions.

September 18th remains a pivotal day for potential sharp price movements and unusual volume. Traders expect significant activity as these positions are closed, exercised, or expire.