Options trading activity for key S&P 500 companies surged today, led by Uber Technologies Inc (UBER), which saw a total of 101,924 contracts traded, representing approximately 10.2 million underlying shares, or 56.5% of its average daily volume of 18.0 million shares. High volume was particularly noted for the $100 strike call option expiring September 19, 2025, with 5,036 contracts traded.
Lululemon Athletica Inc (LULU) also experienced significant activity, with 25,682 contracts traded, equivalent to about 2.6 million underlying shares, making up 75.1% of its average daily volume of 3.4 million shares. The $207.50 strike call option expiring August 29, 2025, had 1,906 contracts traded today.
Kroger Co (KR) saw 38,781 contracts traded, approximately 3.9 million underlying shares, or 58% of its average daily volume of 6.7 million shares. Notably, the $60 strike put option expiring September 26, 2025, accounted for 35,131 contracts traded.