Noteworthy Thursday Option Activity: UPS, MGTX, ELF
Stock Options Channel Staff - Thursday, May 4, 3:24 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in United Parcel Service Inc (UPS), where a total of 17,755 contracts have traded so far, representing approximately 1.8 million underlying shares. That amounts to about 49.3% of UPS's average daily trading volume over the past month of 3.6 million shares. Especially high volume was seen for the $220 strike put option expiring May 12, 2023, with 1,200 contracts trading so far today, representing approximately 120,000 underlying shares of UPS. Below is a chart showing UPS's trailing twelve month trading history, with the $220 strike highlighted in orange:
MeiraGTx Holdings PLC (MGTX) options are showing a volume of 551 contracts thus far today. That number of contracts represents approximately 55,100 underlying shares, working out to a sizeable 48.6% of MGTX's average daily trading volume over the past month, of 113,490 shares.
Particularly high volume was seen for the $7.50 strike call option expiring July 21, 2023, with 400 contracts trading so far today, representing approximately 40,000 underlying shares of MGTX. Below is a chart showing MGTX's trailing twelve month trading history, with the $7.50 strike highlighted in orange:
And e.l.f. Beauty Inc (ELF) options are showing a volume of 4,328 contracts thus far today. That number of contracts represents approximately 432,800 underlying shares, working out to a sizeable 48.2% of ELF's average daily trading volume over the past month, of 898,170 shares.
Especially high volume was seen for the $95 strike call option expiring May 19, 2023, with 1,212 contracts trading so far today, representing approximately 121,200 underlying shares of ELF. Below is a chart showing ELF's trailing twelve month trading history, with the $95 strike highlighted in orange:
For the various different available expirations for UPS options, MGTX options, or ELF options, visit StockOptionsChannel.com.