Noteworthy Wednesday Option Activity: LZ, EBIX, MLNK
Stock Options Channel Staff - Wednesday, November 1, 3:26 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in LegalZoom.com Inc (LZ), where a total of 6,943 contracts have traded so far, representing approximately 694,300 underlying shares. That amounts to about 75% of LZ's average daily trading volume over the past month of 926,295 shares. Especially high volume was seen for the $12.50 strike call option expiring January 19, 2024, with 2,760 contracts trading so far today, representing approximately 276,000 underlying shares of LZ. Below is a chart showing LZ's trailing twelve month trading history, with the $12.50 strike highlighted in orange:
Ebix Inc (EBIX) saw options trading volume of 11,399 contracts, representing approximately 1.1 million underlying shares or approximately 74.9% of EBIX's average daily trading volume over the past month, of 1.5 million shares.
Especially high volume was seen for the $4.50 strike put option expiring November 03, 2023, with 5,132 contracts trading so far today, representing approximately 513,200 underlying shares of EBIX. Below is a chart showing EBIX's trailing twelve month trading history, with the $4.50 strike highlighted in orange:
And MeridianLink Inc (MLNK) saw options trading volume of 1,618 contracts, representing approximately 161,800 underlying shares or approximately 74.2% of MLNK's average daily trading volume over the past month, of 218,135 shares.
Especially high volume was seen for the $15 strike put option expiring November 17, 2023, with 1,415 contracts trading so far today, representing approximately 141,500 underlying shares of MLNK. Below is a chart showing MLNK's trailing twelve month trading history, with the $15 strike highlighted in orange:
For the various different available expirations for LZ options, EBIX options, or MLNK options, visit StockOptionsChannel.com.