Trading Volume Surge: IGT Lights Up the Radar
International Game Technology PLC (IGT) has set the stage on fire within the options market today. Trading volume for IGT options has reached a noteworthy 14,612 contracts, representing a staggering 1.5 million underlying shares. This volume spike amounts to a whopping 237.3% of IGT’s average daily trading volume over the past month. The spotlight shines on the $22 strike put option expiring on September 20, 2024, with 7,103 contracts trading so far today, equivalent to approximately 710,300 underlying shares of IGT. The charts depict IGT’s trading history, with the $22 strike highlighted in orange:
A Healthy Dose of Options: CYH in the Mix
Community Health Systems, Inc. (CYH) is not far behind, showcasing an impressive options volume of 23,763 contracts today. This figure represents around 2.4 million underlying shares, translating to a robust 187.1% of CYH’s average daily trading volume over the past month. Noteworthy activity is centered around the $7 strike call option expiring on March 21, 2025, with 13,140 contracts traded thus far today, equivalent to approximately 1.3 million underlying shares of CYH. Witness the visual representation of CYH’s trading history, with the $7 strike highlighted in orange:
Parceling Out Opportunities: UPS Takes Center Stage
United Parcel Service Inc (UPS) is not one to be left behind, boasting a substantial options volume of 61,296 contracts today. This figure represents approximately 6.1 million underlying shares, amounting to a commendable 146.5% of UPS’s average daily trading volume over the past month. The $135 strike call option expiring on October 18, 2024, is particularly active, with 5,842 contracts traded so far today, representing around 584,200 underlying shares of UPS. Witness UPS’s trading history, with the $135 strike highlighted in orange:
For further insights into the array of expirations available for IGT, CYH, and UPS options, explore StockOptionsChannel.com.
Delve Deeper:
- Socially Responsible Dividend Stocks
- ZAIS Historical Stock Prices
- FDEF Insider Buying
The observations and analyses presented here reflect the author’s personal views and do not necessarily align with those of Nasdaq, Inc.
