Thursday Highlights: Key Options for CSTL, MOD, and UBER

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Castle Biosciences Inc (CSTL) experienced a trading volume of 1,528 options contracts on October 17, 2023, equating to approximately 152,800 underlying shares, or 45.2% of its average daily volume of 338,090 shares. Notably, 1,341 contracts for the $30 strike put option expiring on April 17, 2026, accounted for roughly 134,100 underlying shares.

Modine Manufacturing Co (MOD) had an options trading volume of 6,297 contracts today, representing approximately 629,700 underlying shares or about 44.2% of its average daily volume of 1.4 million shares. The $135 strike call option expiring on February 20, 2026, saw particularly high interest with 2,207 contracts, equivalent to around 220,700 underlying shares.

Uber Technologies Inc (UBER) recorded a significant trading volume of 71,862 options contracts, which corresponds to about 7.2 million underlying shares or 42% of its average daily volume of 17.1 million shares. The $86 strike call option set to expire on January 16, 2026, was especially active, trading 12,085 contracts, or approximately 1.2 million underlying shares.

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