Notable Thursday Option Activity: UBER, WBD, AGX
Nasdaq Looking 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 117,106 contracts has been traded thus far today, a contract volume which is representative of approximately 11.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 55.9% of UBER's average daily trading volume over the past month, of 21.0 million shares. Particularly high volume was seen for the $42.50 strike call option expiring August 18, 2023, with 13,143 contracts trading so far today, representing approximately 1.3 million underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $42.50 strike highlighted in orange:
