Highlighting Thursday’s Key Options Trends: GE, HHH, ULTA

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On October 10, 2023, General Electric Co (Symbol: GE) experienced significant options trading activity with 19,740 contracts traded, equating to approximately 2.0 million underlying shares, which is 54.2% of its average daily trading volume of 3.6 million shares. A notable spike occurred in the $320 strike call option expiring November 21, 2025, with 6,251 contracts traded, representing 625,100 underlying shares.

Howard Hughes Holdings Inc (Symbol: HHH) recorded an options trading volume of 1,898 contracts, or about 189,800 underlying shares, making up 53.3% of its average daily volume of 355,805 shares. The $85 strike call option expiring December 19, 2025, was particularly active, with 450 contracts trading, representing 45,000 underlying shares.

Ulta Beauty Inc (Symbol: ULTA) saw 2,610 contracts traded, amounting to approximately 261,000 underlying shares and 52.9% of its average daily volume of 493,030 shares. High activity was noted for the $487.50 strike put option expiring November 28, 2025, with 182 contracts traded, representing around 18,200 underlying shares.

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