Surge in Options Trading Activity Hits Udemy, SoundHound AI, and Alphabet Inc

Highlights from Today’s Market Movements:

Today, Udemy Inc (Symbol: UDMY) has seen significant options trading activity. A total of 8,286 contracts have been traded so far, equivalent to approximately 828,600 underlying shares since each contract represents 100 shares. This figure represents a noteworthy 105.5% of UDMY’s average daily trading volume of 785,140 shares over the past month. Particularly prominent were trades for the $10 strike call option set to expire on February 21, 2025, where 6,061 contracts were exchanged, translating to around 606,100 underlying shares. Below is a chart depicting UDMY’s trading history for the past twelve months, with the highlighted $10 strike in orange:

Next, SoundHound AI Inc (Symbol: SOUN) reported options trading volume of 458,428 contracts. This represents about 45.8 million underlying shares, accounting for approximately 96.8% of SOUN’s average daily trading volume of 47.3 million shares over the past month. A notable portion of this activity was for the $11 strike call option expiring on July 18, 2025, where 30,349 contracts were traded, equivalent to approximately 3.0 million underlying shares of SOUN. The following chart displays SOUN’s trading history over the last twelve months, emphasizing the $11 strike in orange:

Finally, Alphabet Inc (Symbol: GOOGL) experienced options trading volume of 290,454 contracts, amounting to around 29.0 million underlying shares. This constitutes approximately 96.6% of GOOGL’s average daily trading volume of 30.1 million shares over the previous month. High trading activity was recorded for the $190 strike call option expiring on February 21, 2025, with 28,594 contracts traded, representing about 2.9 million underlying shares. Below is a chart showcasing GOOGL’s trading history for the past twelve months, with the $190 strike highlighted in orange:

To explore the range of option expirations available for UDMY, SOUN, or GOOGL, visit StockOptionsChannel.com.

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

Other Noteworthy Information:

• UCB Dividend Growth Rate
• Funds Holding VLY
• ETFs Holding VIAB

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