Noteworthy Friday Option Activity: XP, FYBR, UVE

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in XP Inc - Class A (Symbol: XP), where a total volume of 59,500 contracts has been traded thus far today, a contract volume which is representative of approximately 6.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 123.3% of XP's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $26 strike call option expiring March 01, 2024, with 10,500 contracts trading so far today, representing approximately 1.1 million underlying shares of XP. Below is a chart showing XP's trailing twelve month trading history, with the $26 strike highlighted in orange:

Frontier Communications Parent Inc (Symbol: FYBR) saw options trading volume of 17,527 contracts, representing approximately 1.8 million underlying shares or approximately 116.6% of FYBR's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $22.50 strike put option expiring May 17, 2024, with 8,278 contracts trading so far today, representing approximately 827,800 underlying shares of FYBR. Below is a chart showing FYBR's trailing twelve month trading history, with the $22.50 strike highlighted in orange:

And Universal Insurance Holdings Inc (Symbol: UVE) saw options trading volume of 1,903 contracts, representing approximately 190,300 underlying shares or approximately 114.6% of UVE's average daily trading volume over the past month, of 166,055 shares. Particularly high volume was seen for the $17.37 strike call option expiring May 17, 2024, with 669 contracts trading so far today, representing approximately 66,900 underlying shares of UVE. Below is a chart showing UVE's trailing twelve month trading history, with the $17.37 strike highlighted in orange:

For the various different available expirations for XP options, FYBR options, or UVE options, visit StockOptionsChannel.com.

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

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