Key Monday Options Activity: BBY, UBER, ALIT Insights

Avatar photo

“`html

On October 30, 2023, notable options trading was observed in Best Buy Inc (BBY) with 16,231 contracts traded, equivalent to approximately 1.6 million underlying shares. This represents about 51.5% of BBY’s average daily trading volume of 3.2 million shares. The highest volume came from the $64 strike put option expiring November 7, 2025, with 10,752 contracts trading.

Uber Technologies Inc (UBER) experienced options trading volume of 72,230 contracts, roughly 7.2 million underlying shares or 51.1% of its average daily trading volume of 14.1 million shares. The $97 strike call option expiring October 31, 2025, saw particularly high activity with 10,765 contracts traded.

Alight Inc (ALIT) reported options trading volume of 35,710 contracts, about 3.6 million underlying shares, which is 50.7% of its average daily volume of 7.1 million shares. The $4 strike call option expiring November 21, 2025, recorded the most trading with 22,321 contracts.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now