Surge in Options Trading Among Major Russell 3000 Companies
Options trading is experiencing a notable uptick today, especially within major companies like Mastercard, Royal Caribbean Group, and Upstart Holdings.
Mastercard Sees Heavy Options Activity
Mastercard Inc (Symbol: MA) has recorded an impressive options trading volume of 12,884 contracts today. This figure translates to approximately 1.3 million underlying shares, accounting for 50.4% of MA’s average daily trading volume of 2.6 million shares over the past month. The $527.50 strike call option expiring November 15, 2024, stands out with 5,469 contracts traded today, which equals around 546,900 underlying shares. The chart below illustrates MA’s trading history, with the $527.50 strike highlighted in orange:
Royal Caribbean’s Options Market Activity
Royal Caribbean Group (Symbol: RCL) is also seeing strong options trading, with a total of 9,851 contracts exchanged today. This volume represents about 985,100 underlying shares, or 50.3% of RCL’s average daily trading volume of 2.0 million shares for the last month. The $242.50 strike call option expiring November 22, 2024, has garnered notable attention with 2,605 contracts traded thus far, representing roughly 260,500 underlying shares. Below is a chart displaying RCL’s trading history, highlighting the $242.50 strike in orange:
Upstart Holdings Shows Significant Options Activity
Upstart Holdings Inc (Symbol: UPST) has experienced substantial options trading volume of 45,023 contracts today, which equals approximately 4.5 million underlying shares. This accounts for 50.3% of UPST’s average daily trading volume over the past month, which is 9.0 million shares. The $70 strike call option expiring November 15, 2024, is particularly noteworthy, with 6,060 contracts traded today, representing about 606,000 underlying shares. The following chart displays UPST’s trading history, with the $70 strike marked in orange:
For more information about the various available expirations for options on MA, RCL, and UPST, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Computers Dividend Stocks
- Institutional Holders of OILT
- ENZ shares outstanding history
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
