Noteworthy Tuesday Option Activity: DUOL, ZS, PATH

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Duolingo Inc (Symbol: DUOL), where a total volume of 6,162 contracts has been traded thus far today, a contract volume which is representative of approximately 616,200 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.7% of DUOL's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $210 strike call option expiring July 19, 2024, with 1,024 contracts trading so far today, representing approximately 102,400 underlying shares of DUOL. Below is a chart showing DUOL's trailing twelve month trading history, with the $210 strike highlighted in orange:

Zscaler Inc (Symbol: ZS) options are showing a volume of 9,045 contracts thus far today. That number of contracts represents approximately 904,500 underlying shares, working out to a sizeable 57.1% of ZS's average daily trading volume over the past month, of 1.6 million shares. Particularly high volume was seen for the $150 strike put option expiring May 31, 2024, with 623 contracts trading so far today, representing approximately 62,300 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $150 strike highlighted in orange:

And UiPath Inc (Symbol: PATH) saw options trading volume of 28,042 contracts, representing approximately 2.8 million underlying shares or approximately 54% of PATH's average daily trading volume over the past month, of 5.2 million shares. Especially high volume was seen for the $28 strike call option expiring June 21, 2024, with 2,698 contracts trading so far today, representing approximately 269,800 underlying shares of PATH. Below is a chart showing PATH's trailing twelve month trading history, with the $28 strike highlighted in orange:

For the various different available expirations for DUOL options, ZS options, or PATH options, visit StockOptionsChannel.com.

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

Also see:

• Agricultural Chemicals Dividend Stocks
• Top Ten Hedge Funds Holding PEXL
• Carrols Restaurant Group Past Earnings

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