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 9,906 contracts has been traded thus far today, a contract volume which is representative of approximately 990,600 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 41.5% of UPS's average daily trading volume over the past month, of 2.4 million shares. Particularly high volume was seen for the $220 strike call option expiring December 16, 2022, with 2,939 contracts trading so far today, representing approximately 293,900 underlying shares of UPS. Below is a chart showing UPS's trailing twelve month trading history, with the $220 strike highlighted in orange:
Sleep Number Corp (Symbol: SNBR) saw options trading volume of 1,506 contracts, representing approximately 150,600 underlying shares or approximately 41.4% of SNBR's average daily trading volume over the past month, of 363,835 shares. Particularly high volume was seen for the $50 strike call option expiring October 21, 2022, with 503 contracts trading so far today, representing approximately 50,300 underlying shares of SNBR. Below is a chart showing SNBR's trailing twelve month trading history, with the $50 strike highlighted in orange:
And Hyatt Hotels Corp (Symbol: H) saw options trading volume of 2,921 contracts, representing approximately 292,100 underlying shares or approximately 41.1% of H's average daily trading volume over the past month, of 710,640 shares. Particularly high volume was seen for the $90 strike call option expiring October 21, 2022, with 1,100 contracts trading so far today, representing approximately 110,000 underlying shares of H. Below is a chart showing H's trailing twelve month trading history, with the $90 strike highlighted in orange:
For the various different available expirations for UPS options, SNBR options, or H 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.
