Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in United Parcel Service Inc (Symbol: UPS), where a total volume of 17,071 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 70.9% of UPS's average daily trading volume over the past month, of 2.4 million shares. Especially high volume was seen for the $195 strike call option expiring March 18, 2022, with 1,529 contracts trading so far today, representing approximately 152,900 underlying shares of UPS. Below is a chart showing UPS's trailing twelve month trading history, with the $195 strike highlighted in orange:
TuSimple Holdings Inc (Symbol: TSP) saw options trading volume of 18,372 contracts, representing approximately 1.8 million underlying shares or approximately 66.7% of TSP's average daily trading volume over the past month, of 2.8 million shares. Especially high volume was seen for the $10 strike put option expiring March 18, 2022, with 6,448 contracts trading so far today, representing approximately 644,800 underlying shares of TSP. Below is a chart showing TSP's trailing twelve month trading history, with the $10 strike highlighted in orange:
And Marketaxess Holdings Inc (Symbol: MKTX) saw options trading volume of 1,696 contracts, representing approximately 169,600 underlying shares or approximately 64.1% of MKTX's average daily trading volume over the past month, of 264,585 shares. Particularly high volume was seen for the $380 strike call option expiring February 18, 2022, with 388 contracts trading so far today, representing approximately 38,800 underlying shares of MKTX. Below is a chart showing MKTX's trailing twelve month trading history, with the $380 strike highlighted in orange:
For the various different available expirations for UPS options, TSP options, or MKTX options, visit StockOptionsChannel.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
