News

We provide the latest news
from the world of economics and finance

03 April
Noteworthy Wednesday Option Activity: HLF, MPC, EL

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Herbalife Ltd (Symbol: HLF), where a total of 15,811 contracts have traded so far, representing approximately 1.6 million underlying shares. That amounts to about 77.5% of HLF's average daily trading volume over the past month of 2.0 million shares. Especially high volume was seen for the $7.50 strike put option expiring January 17, 2025, with 6,011 contracts trading so far today, representing approximately 601,100 underlying shares of HLF. Below is a chart showing HLF's trailing twelve month trading history, with the $7.50 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Marathon Petroleum Corp. (Symbol: MPC) options are showing a volume of 20,828 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 70.7% of MPC's average daily trading volume over the past month, of 2.9 million shares. Especially high volume was seen for the $225 strike call option expiring April 12, 2024, with 2,073 contracts trading so far today, representing approximately 207,300 underlying shares of MPC. Below is a chart showing MPC's trailing twelve month trading history, with the $225 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Estee Lauder Cos., Inc. (Symbol: EL) saw options trading volume of 15,669 contracts, representing approximately 1.6 million underlying shares or approximately 67.3% of EL's average daily trading volume over the past month, of 2.3 million shares. Particularly high volume was seen for the $155 strike call option expiring April 12, 2024, with 1,057 contracts trading so far today, representing approximately 105,700 underlying shares of EL. Below is a chart showing EL's trailing twelve month trading history, with the $155 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for HLF options, MPC options, or EL options, visit StockOptionsChannel.com.

Also see:

Target Date ETFs
Top Ten Hedge Funds Holding PETZ
GRMN MACD

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