On October 3, 2023, notable options trading activity was reported for several S&P 500 companies. Lululemon Athletica Inc (LULU) saw a trading volume of 31,542 contracts, representing approximately 3.2 million underlying shares, equating to 80.7% of its average daily volume of 3.9 million shares. The highest activity was for the $230 strike call option expiring June 20, 2025, with 1,639 contracts traded.
United Parcel Service Inc (UPS) reported a trading volume of 34,852 contracts, representing around 3.5 million underlying shares, or 76.9% of its average daily volume of 4.5 million shares. The most active was the $101 strike call option, with 25,886 contracts traded.
Alphabet Inc (GOOG) had a trading volume of 193,564 contracts, translating to about 19.4 million underlying shares, or 74.9% of its average daily volume of 25.8 million shares. The $172.50 strike call option saw notable interest, with 16,523 contracts traded.
