Notable Tuesday Option Activity: SRG, UNP, GRPN
Stock Options Channel Staff - Tuesday, May 17, 3:48 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Seritage Growth Properties (SRG), where a total of 2,655 contracts have traded so far, representing approximately 265,500 underlying shares. That amounts to about 50.2% of SRG's average daily trading volume over the past month of 528,775 shares. Particularly high volume was seen for the $3 strike put option expiring January 20, 2023, with 792 contracts trading so far today, representing approximately 79,200 underlying shares of SRG. Below is a chart showing SRG's trailing twelve month trading history, with the $3 strike highlighted in orange:
Union Pacific Corp (UNP) options are showing a volume of 16,729 contracts thus far today. That number of contracts represents approximately 1.7 million underlying shares, working out to a sizeable 50% of UNP's average daily trading volume over the past month, of 3.3 million shares.
Particularly high volume was seen for the $250 strike call option expiring July 15, 2022, with 2,524 contracts trading so far today, representing approximately 252,400 underlying shares of UNP. Below is a chart showing UNP's trailing twelve month trading history, with the $250 strike highlighted in orange:
And Groupon Inc (GRPN) options are showing a volume of 6,899 contracts thus far today. That number of contracts represents approximately 689,900 underlying shares, working out to a sizeable 49.9% of GRPN's average daily trading volume over the past month, of 1.4 million shares.
Particularly high volume was seen for the $5 strike put option expiring January 19, 2024, with 3,328 contracts trading so far today, representing approximately 332,800 underlying shares of GRPN. Below is a chart showing GRPN's trailing twelve month trading history, with the $5 strike highlighted in orange:
For the various different available expirations for SRG options, UNP options, or GRPN options, visit StockOptionsChannel.com.