Notable Friday Option Activity: ZM, EBIX, UPLD
Stock Options Channel Staff - Friday, June 3, 3:44 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Zoom Video Communications Inc (ZM), where a total of 33,268 contracts have traded so far, representing approximately 3.3 million underlying shares. That amounts to about 45.1% of ZM's average daily trading volume over the past month of 7.4 million shares. Especially high volume was seen for the $110 strike put option expiring January 20, 2023, with 3,501 contracts trading so far today, representing approximately 350,100 underlying shares of ZM. Below is a chart showing ZM's trailing twelve month trading history, with the $110 strike highlighted in orange:
Ebix Inc (EBIX) saw options trading volume of 1,449 contracts, representing approximately 144,900 underlying shares or approximately 44.4% of EBIX's average daily trading volume over the past month, of 326,440 shares.
Particularly high volume was seen for the $35 strike put option expiring June 17, 2022, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of EBIX. Below is a chart showing EBIX's trailing twelve month trading history, with the $35 strike highlighted in orange:
And Upland Software Inc (UPLD) options are showing a volume of 1,343 contracts thus far today. That number of contracts represents approximately 134,300 underlying shares, working out to a sizeable 44.2% of UPLD's average daily trading volume over the past month, of 303,670 shares.
Especially high volume was seen for the $12.50 strike put option expiring September 16, 2022, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of UPLD. Below is a chart showing UPLD's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
For the various different available expirations for ZM options, EBIX options, or UPLD options, visit StockOptionsChannel.com.