HomeMarket NewsSignificant Friday Option Trends: LYFT, TPX, and U Stocks

Significant Friday Option Trends: LYFT, TPX, and U Stocks

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Lyft, Tempur Sealy, and Unity See Surge in Options Trading Activity

Today’s options trading for companies in the Russell 3000 index highlights significant movements, particularly for Lyft Inc., Tempur Sealy International, and Unity Software Inc.

Lyft Inc. (Symbol: LYFT) Options Trading Overview

Lyft Inc. has experienced notable options trading today, with a total volume of 93,329 contracts traded. This translates to approximately 9.3 million underlying shares, amounting to 85% of LYFT’s average daily trading volume of 11.0 million shares over the last month. A significant portion of this activity is attributed to the $13.50 strike put option expiring on October 11, 2024, where 7,515 contracts have been traded, representing around 751,500 underlying shares. The following chart illustrates LYFT’s trading history over the past year, highlighting the $13.50 strike in orange:

LYFT Trading History

Tempur Sealy International, Inc. (Symbol: TPX) Options Activity

Tempur Sealy International reported options trading volume of 10,115 contracts today, equating to approximately 1.0 million underlying shares. This volume reflects 82.7% of TPX’s average daily trading volume of 1.2 million shares for the past month. The $50 strike put option expiring on November 15, 2024, saw heightened interest, with 5,018 contracts traded, representing about 501,800 underlying shares. Below is a chart showing TPX’s trading activity over the last twelve months, with the $50 strike marked in orange:

TPX Trading History

Unity Software Inc. (Symbol: U) Trading Insights

Unity Software Inc. has recorded a striking 118,223 contracts traded today, representing roughly 11.8 million underlying shares. This volume accounts for 79.3% of Unity’s average daily trading volume of 14.9 million shares over the last month. Exceptional activity was noted in the $23.50 strike call option expiring on October 18, 2024, with 35,301 contracts traded, corresponding to approximately 3.5 million underlying shares. The chart below tracks U’s twelve-month trading history, highlighting the $23.50 strike:

U Trading History

For more information on the various available expirations for LYFT, TPX, or U options, visit StockOptionsChannel.com.

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

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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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