Highlighting Wednesday’s Exciting Options: UBER, JPM, NKE

Uber Technologies Inc (NYSE: UBER) has experienced a high trading volume today, with 128,219 contracts exchanged, equivalent to approximately 12.8 million underlying shares. This volume represents 71% of the stock’s average daily trading volume of 18.1 million shares over the past month. Notably, the $50 strike call option expiring June 5, 2026, accounted for 39,725 contracts, translating to roughly 4.0 million underlying shares traded.

In other notable activity, JPMorgan Chase & Co (NYSE: JPM) recorded a volume of 54,769 contracts today, representing about 5.5 million underlying shares, or 68.5% of its recent average daily trading volume of 8.0 million shares. The $275 strike put option expiring July 2, 2026, saw 3,526 contracts traded, corresponding to approximately 352,600 underlying shares.

Additionally, Nike (NYSE: NKE) reported options trading volume of 129,526 contracts, representing about 13.0 million underlying shares, which is approximately 65% of its average daily trading volume of 19.9 million shares. The $52.50 strike call option expiring August 21, 2026, led with 17,544 contracts traded, amounting to roughly 1.8 million underlying shares.