Today’s Options Trading Insights: Goldman Sachs, LendingTree, and Oscar Health Stand Out

In the world of finance, options trading often reveals hidden market movements. Today, the Russell 3000 index witnessed significant activity among several companies, particularly Goldman Sachs, LendingTree, and Oscar Health.

Goldman Sachs Options Surge Amidst High Trading Volume

Goldman Sachs Group Inc (Symbol: GS) dominated the options trading scene with a remarkable volume of 14,360 contracts exchanged, which is about 1.4 million underlying shares. This constitutes around 77.9% of GS’s average daily volume from the last month, which was 1.8 million shares. A noteworthy point of interest was the $515 strike put option set to expire on November 01, 2024, where 674 contracts—a total of approximately 67,400 shares—traded hands today. The chart below illustrates GS’s trading performance over the past twelve months, highlighting the $515 strike in orange:

LendingTree Observes Active Options Trading

LendingTree Inc (Symbol: TREE) saw options volume reaching 1,142 contracts, equivalent to approximately 114,200 underlying shares. This represents roughly 77.5% of its recent average daily trading volume, which was 147,385 shares. Notably, the $70 strike call option expiring on November 15, 2024, recorded high activity with 220 contracts traded, covering about 22,000 shares. Below is the twelve-month trading history for TREE, with the $70 strike option marked in orange:

Oscar Health Sees Substantial Options Movement

Oscar Health Inc (Symbol: OSCR) also showed substantial options activity, with 21,566 contracts trading today, which corresponds to around 2.2 million shares—approximately 74.4% of its average daily volume of 2.9 million shares for the month. The $19 strike call option expiring on November 15, 2024, attracted particular interest, with 11,226 contracts exchanged, impacting around 1.1 million shares. The following chart illustrates OSCR’s trading history over the past year, highlighting the $19 strike in orange:

For those looking for options across different strike prices and expiration dates for GS, TREE, or OSCR, more information can be found at StockOptionsChannel.com.

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

Additional Resources:

• OMX Historical Stock Prices
• Funds Holding CTL
• HAYN Shares Outstanding History

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.