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On October 16, 2023, notable options trading activity was reported in United Therapeutics Corp (Symbol: UTHR), with 20,734 contracts traded, approximately 2.1 million underlying shares, equating to 352.8% of UTHR’s average daily trading volume of 587,710 shares. The $440 strike put option expiring January 16, 2026, accounted for 3,834 contracts, representing around 383,400 underlying shares.
Alphabet Inc (Symbol: GOOGL) also saw significant activity, with 1.1 million contracts traded, representing about 107.7 million underlying shares or 245.9% of its average daily trading volume of 43.8 million shares. High volume noted for the $330 strike call expiring November 28, 2025, with 64,631 contracts traded, covering approximately 6.5 million underlying shares.
Meta Platforms Inc (Symbol: META) had an options trading volume of 675,200 contracts, representing roughly 67.5 million underlying shares, and 245.9% of its average daily trading volume of 27.5 million shares. The $630 strike call option expiring November 28, 2025, saw 37,949 contracts traded, encompassing around 3.8 million underlying shares.
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