Overview

Lincoln National Corp. (NYSE:LNC) experienced a notable surge in options market activity on Friday, with total contracts reaching 2,601 by 2:40 p.m. New York time, according to Bloomberg‑compiled exchange data.

Breakdown of Activity

The 2,601 contracts consisted of 971 call contracts and 1,630 put contracts. The most heavily traded strike was the June 18, 2026 $35 put, which accounted for 1,031 of the contracts. As of the preceding Thursday, open interest for this $35 put strike stood at 3,174 contracts.

Stock Price Reaction

During the same trading session, Lincoln National shares advanced 1.72%, closing at $37.23 per share.

Market Context

The elevated options volume, particularly the dominance of the $35 put strike, reflects heightened investor interest in the stock’s near‑term price direction. No additional commentary or forward‑looking statements were provided in the source.