CR Draws Attention with Potential Put Option Movement

Trading within the renowned Russell 3000 index, Crane Co (CR) sparked intrigue today with an impressive 1,002 contracts exchanged, equivalent to around 100,200 underlying shares. This turnover represents a substantial 42.9% of CR’s typical daily volume over the last month. Notably, the $125 strike put option expiring on April 19, 2024, emerged as a focal point with 500 contracts traded today, signifying approximately 50,000 underlying shares of CR. A chart showcasing CR’s last twelve months of trading activity, with the influential $125 strike highlighted in a vibrant shade of orange, illustrates the stock’s journey.

Uber Technologies Inc.: A Snapshot of Striking Put Options

Turning our attention to Uber Technologies Inc (UBER), the stock surged with 62,115 contracts traded today, amounting to roughly 6.2 million underlying shares or 42.1% of UBER’s average daily trading volume during the past month, which stood at 14.8 million shares. The $67 strike put option expiring on May 03, 2024, captured significant interest with 6,466 contracts exchanged, representing approximately 646,600 underlying shares of UBER. Visualizing UBER’s trading history over the prior twelve months, the $67 strike stands vivid in orange hue, showcasing the stock’s trajectory.

e.l.f. Beauty Inc (ELF): Channeling Call Option Momentum

In the realm of e.l.f. Beauty Inc (ELF), options activity painted an intriguing picture today, with 5,319 contracts traded, corresponding to approximately 531,900 underlying shares or 41.5% of ELF’s average daily trading volume across the preceding month, totaling 1.3 million shares. The $202.50 strike call option expiring on April 05, 2024, stood out with 352 contracts traded today, reflecting nearly 35,200 underlying shares of ELF. The chart mapping ELF’s trading trajectory over the last twelve months accentuates the influence of the $202.50 strike, highlighted prominently in eye-catching orange.

For a comprehensive analysis of the available expirations for CR, UBER, or ELF options, investors are encouraged to visit StockOptionsChannel.com.

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

Additional Resources:

• Preferred Stock Notification Service
• Institutional Holders of DOVA
• COV Videos

The exploration of trading patterns and volumes in Crane Co (CR), Uber Technologies Inc (UBER), and e.l.f. Beauty Inc (ELF) reveals a dynamic market landscape, generating valuable insights for investors. While predicting market movements remains uncertain, the analysis of option activities sheds light on potential trends and areas of interest for traders. As always, the views expressed are based on historical data and patterns and do not guarantee future performance.