HomeMost PopularSignificant Tuesday Options Trends: ELF, ZION, and UPS

Significant Tuesday Options Trends: ELF, ZION, and UPS

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Significant Options Trading Activity in e.l.f. Beauty, Zions Bancorporation, and UPS

e.l.f. Beauty (ELF) Sees Surge in Call Options

Among the Russell 3000 index components, e.l.f. Beauty Inc (Symbol: ELF) attracted notable options trading today. A total of 13,462 contracts have changed hands, which translates to around 1.3 million underlying shares. This figure represents approximately 57.8% of ELF’s average daily trading volume last month, which was 2.3 million shares. The $115 strike call option set to expire on October 18, 2024, experienced particularly strong activity, with 1,103 contracts traded so far, representing about 110,300 underlying shares. Below is a chart illustrating ELF’s trading history over the past twelve months, with the $115 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

Zions Bancorporation (ZION) Options Volume Spikes

Zions Bancorporation, N.A. (Symbol: ZION) recorded options trading volume of 7,357 contracts, which reflects roughly 735,700 underlying shares. This is about 57.3% of ZION’s average daily trading volume over the previous month, totaling 1.3 million shares. A significant portion of today’s trading involved the $55 strike call option set to expire on November 15, 2024, with 3,791 contracts traded, equating to around 379,100 underlying shares. The chart below shows ZION’s twelve-month trading history, with the $55 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

UPS (UPS) Options Show Growing Interest

United Parcel Service Inc (Symbol: UPS) observed substantial options trading activity with 20,954 contracts exchanged, representing approximately 2.1 million underlying shares. This amount is around 55.3% of UPS’s average daily volume over the past month, which stands at 3.8 million shares. The $160 strike call option expiring January 16, 2026, caught particular attention today, with 4,512 contracts traded, corresponding to about 451,200 underlying shares. The following chart illustrates UPS’s trading history for the past twelve months, with the $160 strike highlighted in orange:

Loading chart — 2024 TickerTech.com

For details on various options expirations for ELF, ZION, or UPS, visit StockOptionsChannel.com.

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

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

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