HomeMarket News Friday's Noteworthy Option Activity: e.l.f. Beauty, Tripadvisor, Shift4 Payments

Friday’s Noteworthy Option Activity: e.l.f. Beauty, Tripadvisor, Shift4 Payments

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Option Action Unveiled

Positioned within the Russell 3000 index, remarkable option trading volumes unfolded today for e.l.f. Beauty Inc, Tripadvisor Inc, and Shift4 Payments Inc, sending ripples through the market landscape. The dynamic start to Friday’s trading session showcased intriguing movement in the options arena for investors attuned to the pulse of the exchange.

e.l.f. Beauty Inc (Symbol: ELF)

A total of 9,056 contracts, equivalent to about 905,600 underlying shares, shifted hands for e.l.f. Beauty Inc. This action effectively represents approximately 56% of ELF’s average daily trading volume over the past month. The $160 strike put option, slated to expire on April 19, 2024, garnered substantial interest with 895 contracts traded, embodying about 89,500 underlying shares of ELF. Chart enthusiasts marveled at the trailing twelve-month trading history of ELF, with the $160 strike standing out prominently in orange hues.

Loading chart β€” 2024 TickerTech.com

Tripadvisor Inc (Symbol: TRIP)

Tripadvisor Inc witnessed a flurry of activity with 9,099 contracts traded, representing around 909,900 underlying shares or approximately 54.7% of TRIP’s average daily trading volume in the last month of 1.7 million shares. Noteworthy attention zeroed in on the $25 strike call option expiring on June 21, 2024, with 2,701 contracts exchanged, representing about 270,100 underlying shares of TRIP. Investors tracked TRIP’s intense trading history, with the $25 strike highlighted in vivid orange hues.

Loading chart β€” 2024 TickerTech.com

Shift4 Payments Inc (Symbol: FOUR)

Options trading for Shift4 Payments Inc observed a surge with 8,336 contracts in play thus far, signaling approximately 833,600 underlying shares traded. This activity resonates strongly, equating to a significant 54.6% of FOUR’s average daily trading volume over the past month of 1.5 million shares. Notable focus gravitated towards the $60 strike put option due to expire on May 17, 2024, recording 3,783 contracts traded, representing about 378,300 underlying shares of FOUR. A glance at FOUR’s trading landscape revealed the commanding presence of the $60 strike dramatically highlighted in orange.

Loading chart β€” 2024 TickerTech.com

Exploring Options

Delve deeper into the array of expirations available for e.l.f. Beauty, Tripadvisor, and Shift4 Payments options at StockOptionsChannel.com, where the market’s heartbeat and rhythm sync in tandem with each new development.

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

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

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