Noteworthy Friday Option Activity: IGT, CYH, UPS

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in International Game Technology PLC (Symbol: IGT), where a total of 14,612 contracts have traded so far, representing approximately 1.5 million underlying shares. That amounts to about 237.3% of IGT's average daily trading volume over the past month of 615,690 shares. Especially high volume was seen for the $22 strike put option expiring September 20, 2024, with 7,103 contracts trading so far today, representing approximately 710,300 underlying shares of IGT. Below is a chart showing IGT's trailing twelve month trading history, with the $22 strike highlighted in orange:

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Community Health Systems, Inc. (Symbol: CYH) options are showing a volume of 23,763 contracts thus far today. That number of contracts represents approximately 2.4 million underlying shares, working out to a sizeable 187.1% of CYH's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $7 strike call option expiring March 21, 2025, with 13,140 contracts trading so far today, representing approximately 1.3 million underlying shares of CYH. Below is a chart showing CYH's trailing twelve month trading history, with the $7 strike highlighted in orange:

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And United Parcel Service Inc (Symbol: UPS) options are showing a volume of 61,296 contracts thus far today. That number of contracts represents approximately 6.1 million underlying shares, working out to a sizeable 146.5% of UPS's average daily trading volume over the past month, of 4.2 million shares. Particularly high volume was seen for the $135 strike call option expiring October 18, 2024, with 5,842 contracts trading so far today, representing approximately 584,200 underlying shares of UPS. Below is a chart showing UPS's trailing twelve month trading history, with the $135 strike highlighted in orange:

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For the various different available expirations for IGT options, CYH options, or UPS options, visit StockOptionsChannel.com.

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

Also see:
• Socially Responsible Dividend Stocks
• ZAIS Historical Stock Prices
• FDEF Insider Buying

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

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