Markets
UNH

Notable Friday Option Activity: UNH, PYPL, UBER

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in UnitedHealth Group Inc (Symbol: UNH), where a total volume of 13,749 contracts has been traded thus far today, a contract volume which is representative of approximately 1.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 51% of UNH's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $260 strike put option expiring October 16, 2020, with 865 contracts trading so far today, representing approximately 86,500 underlying shares of UNH. Below is a chart showing UNH's trailing twelve month trading history, with the $260 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

PayPal Holdings Inc (Symbol: PYPL) options are showing a volume of 34,809 contracts thus far today. That number of contracts represents approximately 3.5 million underlying shares, working out to a sizeable 50% of PYPL's average daily trading volume over the past month, of 7.0 million shares. Especially high volume was seen for the $210 strike call option expiring September 04, 2020, with 3,195 contracts trading so far today, representing approximately 319,500 underlying shares of PYPL. Below is a chart showing PYPL's trailing twelve month trading history, with the $210 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

And Uber Technologies Inc (Symbol: UBER) saw options trading volume of 116,975 contracts, representing approximately 11.7 million underlying shares or approximately 49.3% of UBER's average daily trading volume over the past month, of 23.7 million shares. Especially high volume was seen for the $34 strike call option expiring August 28, 2020, with 7,066 contracts trading so far today, representing approximately 706,600 underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $34 strike highlighted in orange:

Loading+chart+—+2020+TickerTech.com

For the various different available expirations for UNH options, PYPL options, or UBER options, visit StockOptionsChannel.com.

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

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

In This Story

UNH PYPL UBER

Other Topics

Stocks Options

Latest Markets Videos

BNK Invest

BNK Invest Inc. provides investment services and information. BNK Invest owns and operates a market news family of websites including DividendChannel, ETFChannel, StockOptionsChannel, and others, which make up an investor community featuring stock message boards, ratings, research, and strategies. BNK Invest caters to investing firms and individual investors internationally.

Learn More