Notable Wednesday Option Activity: BALY, SPLK, EBIX
Stock Options Channel Staff - Wednesday, August 16, 3:27 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Bally's Corp (BALY), where a total of 1,927 contracts have traded so far, representing approximately 192,700 underlying shares. That amounts to about 90% of BALY's average daily trading volume over the past month of 214,175 shares. Particularly high volume was seen for the $25 strike call option expiring January 19, 2024, with 1,057 contracts trading so far today, representing approximately 105,700 underlying shares of BALY. Below is a chart showing BALY's trailing twelve month trading history, with the $25 strike highlighted in orange:
Splunk Inc (SPLK) options are showing a volume of 9,394 contracts thus far today. That number of contracts represents approximately 939,400 underlying shares, working out to a sizeable 79.8% of SPLK's average daily trading volume over the past month, of 1.2 million shares.
Particularly high volume was seen for the $107 strike call option expiring August 18, 2023, with 2,620 contracts trading so far today, representing approximately 262,000 underlying shares of SPLK. Below is a chart showing SPLK's trailing twelve month trading history, with the $107 strike highlighted in orange:
And Ebix Inc (EBIX) saw options trading volume of 5,965 contracts, representing approximately 596,500 underlying shares or approximately 67.8% of EBIX's average daily trading volume over the past month, of 880,395 shares.
Especially high volume was seen for the $12.50 strike put option expiring August 18, 2023, with 2,319 contracts trading so far today, representing approximately 231,900 underlying shares of EBIX. Below is a chart showing EBIX's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
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