Friday’s Noteworthy Option Activity: Stocks on the Move A Vibrant Friday in the World of Stocks: PEN, PRGS, ULTA

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Diving into the Options Market Buzz

Frenetic activity pulses through the options market today as we cast a keen eye over the Russell 3000 index. Amidst the swirling numbers, Penumbra Inc (Symbol: PEN) emerges as a beacon of interest. A whirlwind of 5,255 contracts has changed hands, equating to around 525,500 underlying shares. This robust surge, representing a substantial 120.3% spike over PEN’s average daily trading volume in the past month, captures the essence of investor fervor. Notably, the $195 strike put option maturing on December 20, 2024, steals the spotlight with 1,653 contracts traded, akin to 165,300 shares of PEN.

Loading chart — 2024 TickerTech.com

The Symphony of Progress Software

Progress Software Corp (Symbol: PRGS) orchestrates its own drama with an options trading volume of 6,252 contracts, symbolizing about 625,200 underlying shares or 81.2% of PRGS’s average daily trading volume in the last month. The $50 strike put option that expires on April 19, 2024, captures hearts with 2,023 contracts exchanged, translating to around 202,300 shares of PRGS.

Loading chart — 2024 TickerTech.com

The Allure of Ulta Beauty Inc

Ulta Beauty Inc (Symbol: ULTA) dances into the limelight with an options trading volume of 5,881 contracts, embodying roughly 588,100 underlying shares or 76.9% of ULTA’s average daily trading volume over the past month. The enchanting $525 strike call option, due on March 22, 2024, captivates with 1,251 contracts in play, approximately 125,100 shares of ULTA.

Loading chart — 2024 TickerTech.com

For a closer look at the varied expirations for PEN options, PRGS options, or ULTA options, explore StockOptionsChannel.com.

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

Also see:

• Defense Dividend Stocks
• Institutional Holders of RNW
• Top 10 Hedge Funds Holding Teledyne Technologies


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