Significant Options Movement on Wednesday: INVX, COST, UAA

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Innovex International Inc (Symbol: INVX) saw significant trading activity today, with a total volume of 6,054 options contracts exchanged, equivalent to approximately 605,400 underlying shares. This volume represents 124.8% of INVX’s average daily trading volume of 485,065 shares over the past month. Notably, the $30 strike call option expiring July 17, 2026, accounted for 5,964 contracts, or about 596,400 underlying shares.

Costco Wholesale Corp (Symbol: COST) reported a notable volume of 29,845 contracts, translating to around 3.0 million underlying shares. This figure is 116.4% of Costco’s average daily trading volume of 2.6 million shares. High activity was recorded for the $770 strike put option expiring July 10, 2026, with 1,345 contracts trading, representing approximately 134,500 underlying shares.

Under Armour Inc (Symbol: UAA) experienced even more substantial trading, with 87,500 contracts exchanged, representing approximately 8.8 million underlying shares, or 97.1% of UAA’s average daily volume of 9.0 million shares. The $6 strike put option expiring October 16, 2026, drove particularly high volume, with 43,654 contracts traded, accounting for approximately 4.4 million underlying shares.

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