Among the S&P 500 index, United Parcel Service Inc (UPS) recorded notable options trading on October 1, 2023, with 34,662 contracts exchanged, equating to roughly 3.5 million shares. This represents 76.6% of UPS’s average daily trading volume of 4.5 million shares over the past month. The $110 strike call option expiring on February 20, 2026, saw significant activity, with 6,488 contracts traded, representing about 648,800 shares.
The Trade Desk Inc (TTD) also experienced high trading volume, totaling 67,255 contracts, or approximately 6.7 million shares, which constitutes 68.2% of its average daily volume of 9.9 million shares for the past month. The $30 strike put option for the same expiration date had 3,028 contracts traded, equating to around 302,800 shares.
Ares Management Corp (ARES) had 10,999 contracts traded, representing about 1.1 million shares, or 67% of its average daily volume of 1.6 million shares. The $140 strike put option, expiring on January 15, 2027, displayed significant volume with 3,069 contracts exchanged, totaling approximately 306,900 shares.
