Noteworthy Tuesday Option Activity: ZS, ZM, LULU
Stock Options Channel Staff - Tuesday, September 5, 3:17 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Zscaler Inc (ZS), where a total of 64,760 contracts have traded so far, representing approximately 6.5 million underlying shares. That amounts to about 434.5% of ZS's average daily trading volume over the past month of 1.5 million shares. Especially high volume was seen for the $125 strike put option expiring September 08, 2023, with 3,090 contracts trading so far today, representing approximately 309,000 underlying shares of ZS. Below is a chart showing ZS's trailing twelve month trading history, with the $125 strike highlighted in orange:
Zoom Video Communications Inc (ZM) saw options trading volume of 90,429 contracts, representing approximately 9.0 million underlying shares or approximately 236% of ZM's average daily trading volume over the past month, of 3.8 million shares.
Particularly high volume was seen for the $75 strike call option expiring September 08, 2023, with 5,163 contracts trading so far today, representing approximately 516,300 underlying shares of ZM. Below is a chart showing ZM's trailing twelve month trading history, with the $75 strike highlighted in orange:
And lululemon athletica inc (LULU) saw options trading volume of 28,211 contracts, representing approximately 2.8 million underlying shares or approximately 205.6% of LULU's average daily trading volume over the past month, of 1.4 million shares.
Especially high volume was seen for the $410 strike call option expiring September 08, 2023, with 1,791 contracts trading so far today, representing approximately 179,100 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $410 strike highlighted in orange:
For the various different available expirations for ZS options, ZM options, or LULU options, visit StockOptionsChannel.com.