Notable Thursday Option Activity: UPS, DIS, VRT

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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 15,008 contracts has been traded thus far today, a contract volume which is representative of approximately 1.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.3% of UPS’s average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $152.50 strike call option expiring May 24, 2024, with 2,651 contracts trading so far today, representing approximately 265,100 underlying shares of UPS. Below is a chart showing UPS’s trailing twelve month trading history, with the $152.50 strike highlighted in orange:

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Walt Disney Co. (Symbol: DIS) options are showing a volume of 63,597 contracts thus far today. That number of contracts represents approximately 6.4 million underlying shares, working out to a sizeable 51.2% of DIS’s average daily trading volume over the past month, of 12.4 million shares.
Particularly high volume was seen for the $100 strike put option expiring May 24, 2024, with 3,584 contracts trading so far today, representing approximately 358,400 underlying shares of DIS. Below is a chart showing DIS’s trailing twelve month trading history, with the $100 strike highlighted in orange:

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And Vertiv Holdings Co (Symbol: VRT) saw options trading volume of 41,419 contracts, representing approximately 4.1 million underlying shares or approximately 50.4% of VRT’s average daily trading volume over the past month, of 8.2 million shares.
Particularly high volume was seen for the $100 strike put option expiring May 24, 2024, with 23,683 contracts trading so far today, representing approximately 2.4 million underlying shares of VRT. Below is a chart showing VRT’s trailing twelve month trading history, with the $100 strike highlighted in orange:

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For the various different available expirations for UPS options, DIS options, or VRT options, visit StockOptionsChannel.com.

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

Also see:

• Barry Rosenstein Stock Picks
• ETFs Holding DPRX
• Top Ten Hedge Funds Holding NMTC

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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