We provide the latest news
from the world of economics and financeLooking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Uber Technologies Inc (Symbol: UBER), where a total volume of 81,139 contracts has been traded thus far today, a contract volume which is representative of approximately 8.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 43.2% of UBER's average daily trading volume over the past month, of 18.8 million shares. Particularly high volume was seen for the $59 strike put option expiring June 14, 2024, with 6,401 contracts trading so far today, representing approximately 640,100 underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $59 strike highlighted in orange:
SEMrush Holdings Inc (Symbol: SEMR) saw options trading volume of 1,511 contracts, representing approximately 151,100 underlying shares or approximately 43.1% of SEMR's average daily trading volume over the past month, of 350,670 shares. Particularly high volume was seen for the $12.50 strike put option expiring May 17, 2024, with 1,317 contracts trading so far today, representing approximately 131,700 underlying shares of SEMR. Below is a chart showing SEMR's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
And Snap-On, Inc. (Symbol: SNA) saw options trading volume of 1,446 contracts, representing approximately 144,600 underlying shares or approximately 42.4% of SNA's average daily trading volume over the past month, of 341,140 shares. Particularly high volume was seen for the $280 strike put option expiring May 17, 2024, with 354 contracts trading so far today, representing approximately 35,400 underlying shares of SNA. Below is a chart showing SNA's trailing twelve month trading history, with the $280 strike highlighted in orange:
For the various different available expirations for UBER options, SEMR options, or SNA options, visit StockOptionsChannel.com.
Stocks with Recent Secondaries That Hedge Funds Are Buying
LULU MACD
MGEN Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.