Notable Friday Option Activity: STX, IBM, UBER

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Seagate Technology Holdings PLC (Symbol: STX), where a total volume of 9,209 contracts has been traded thus far today, a contract volume which is representative of approximately 920,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.6% of STX's average daily trading volume over the past month, of 2.0 million shares. Particularly high volume was seen for the $97 strike call option expiring March 15, 2024, with 2,052 contracts trading so far today, representing approximately 205,200 underlying shares of STX. Below is a chart showing STX's trailing twelve month trading history, with the $97 strike highlighted in orange:

International Business Machines Corp (Symbol: IBM) options are showing a volume of 19,715 contracts thus far today. That number of contracts represents approximately 2.0 million underlying shares, working out to a sizeable 44.5% of IBM's average daily trading volume over the past month, of 4.4 million shares. Particularly high volume was seen for the $187.50 strike call option expiring March 01, 2024, with 3,099 contracts trading so far today, representing approximately 309,900 underlying shares of IBM. Below is a chart showing IBM's trailing twelve month trading history, with the $187.50 strike highlighted in orange:

And Uber Technologies Inc (Symbol: UBER) saw options trading volume of 108,545 contracts, representing approximately 10.9 million underlying shares or approximately 44.5% of UBER's average daily trading volume over the past month, of 24.4 million shares. Particularly high volume was seen for the $87 strike call option expiring March 08, 2024, with 16,083 contracts trading so far today, representing approximately 1.6 million underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $87 strike highlighted in orange:

For the various different available expirations for STX options, IBM options, or UBER options, visit StockOptionsChannel.com.

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

Also see: