News

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

18 April
Noteworthy Thursday Option Activity: GPC, SNPS, EYPT

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Genuine Parts Co. (Symbol: GPC), where a total volume of 4,101 contracts has been traded thus far today, a contract volume which is representative of approximately 410,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48% of GPC's average daily trading volume over the past month, of 854,600 shares. Especially high volume was seen for the $160 strike put option expiring April 19, 2024, with 623 contracts trading so far today, representing approximately 62,300 underlying shares of GPC. Below is a chart showing GPC's trailing twelve month trading history, with the $160 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Synopsys Inc (Symbol: SNPS) saw options trading volume of 4,635 contracts, representing approximately 463,500 underlying shares or approximately 47.8% of SNPS's average daily trading volume over the past month, of 969,385 shares. Particularly high volume was seen for the $500 strike put option expiring January 17, 2025, with 716 contracts trading so far today, representing approximately 71,600 underlying shares of SNPS. Below is a chart showing SNPS's trailing twelve month trading history, with the $500 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And EyePoint Pharmaceuticals Inc (Symbol: EYPT) options are showing a volume of 2,715 contracts thus far today. That number of contracts represents approximately 271,500 underlying shares, working out to a sizeable 46.9% of EYPT's average daily trading volume over the past month, of 578,285 shares. Particularly high volume was seen for the $17.50 strike put option expiring May 17, 2024, with 676 contracts trading so far today, representing approximately 67,600 underlying shares of EYPT. Below is a chart showing EYPT's trailing twelve month trading history, with the $17.50 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for GPC options, SNPS options, or EYPT options, visit StockOptionsChannel.com.

Also see:

Materials Stocks Hedge Funds Are Buying
LEI Insider Buying
AMTI Stock Predictions

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