Universal Display Corp: OLED
The day unfolded in remarkable fashion for Universal Display Corp (Symbol: OLED) as option activities took center stage. The company witnessed a surge in trading volume, with a total of 2,046 contracts exchanging hands, equivalent to roughly 204,600 underlying shares – standing at an impressive 84.9% of the average daily trading volume over the last month. Notably, the $260 strike call option expiring on March 15, 2024, saw heightened interest, with 386 contracts being traded, approximating 38,600 underlying shares of OLED. This surge in activity painted a vivid picture of investor sentiment, reflecting strong interest and engagement in OLED’s prospects. The charts displayed OLED’s twelve-month trading history, with the $260 strike highlighted in a vivid orange hue.
Apollo Global Management Inc: APO
In another corner of the market, Apollo Global Management Inc (Symbol: APO) experienced a flurry of options trading with a total of 23,627 contracts being executed – representing around 2.4 million underlying shares or 84.4% of the average daily trading volume over the last month, which stood at 2.8 million shares. The $160 strike call option due on January 16, 2026, drew notable attention, witnessing 14,923 contracts being traded, indicative of approximately 1.5 million underlying shares of APO. This heightened level of trading activity underscored the market’s keen interest in APO’s trajectory, with the charts portraying APO’s trading history, vividly highlighting the $160 strike in orange.
Clearwater Paper Corp: CLW
Meanwhile, Clearwater Paper Corp (Symbol: CLW) also found itself in the spotlight, with options activity pointing to a volume of 1,029 contracts thus far. These contracts represented roughly 102,900 underlying shares, translating to an impressive 83.2% of CLW’s average daily trading volume over the past month, which stood at 123,660 shares. Noteworthy activity surrounded the $35 strike put option expiring on April 19, 2024, with 502 contracts traded, indicative of approximately 50,200 underlying shares of CLW. The charts further illustrated CLW’s trading history, with the $35 strike shining brightly in orange, capturing the attention of market participants.
For more insights into the myriad expiration options available for OLED, APO, and CLW, head over to StockOptionsChannel.com.
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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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