On October 10, 2023, Victorias Secret & Co (Symbol: VSCO) reported significant options trading activity with 17,568 contracts traded, equating to approximately 1.8 million underlying shares or 58.9% of its average daily trading volume of 3.0 million shares. Notably, 2,437 contracts for the $20 strike call option, expiring September 19, 2025, accounted for around 243,700 underlying shares.
e.l.f. Beauty Inc (Symbol: ELF) also experienced substantial trading, with 14,361 contracts, representing roughly 1.4 million underlying shares, or 58.3% of its average daily volume of 2.5 million shares. A specific focus was on the $115 strike put option expiring August 29, 2025, which saw 591 contracts traded, amounting to approximately 59,100 underlying shares.
Furthermore, Booking Holdings Inc (Symbol: BKNG) recorded a trading volume of 1,149 contracts, translating to 114,900 underlying shares, which is 58.3% of its average daily volume of 196,965 shares. The $5700 strike call option expiring August 29, 2025, had 28 contracts traded, representing about 2,800 underlying shares.
