Notable Tuesday Option Activity: EHTH, SAVE, ARCB
Stock Options Channel Staff - Tuesday, December 5, 3:20 PMAmong the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in eHealth Inc (EHTH), where a total of 2,664 contracts have traded so far, representing approximately 266,400 underlying shares. That amounts to about 119.2% of EHTH's average daily trading volume over the past month of 223,490 shares. Particularly high volume was seen for the $10 strike call option expiring March 15, 2024, with 2,529 contracts trading so far today, representing approximately 252,900 underlying shares of EHTH. Below is a chart showing EHTH's trailing twelve month trading history, with the $10 strike highlighted in orange:
Spirit Airlines Inc (SAVE) options are showing a volume of 69,364 contracts thus far today. That number of contracts represents approximately 6.9 million underlying shares, working out to a sizeable 104.7% of SAVE's average daily trading volume over the past month, of 6.6 million shares.
Especially high volume was seen for the $20 strike call option expiring December 15, 2023, with 5,915 contracts trading so far today, representing approximately 591,500 underlying shares of SAVE. Below is a chart showing SAVE's trailing twelve month trading history, with the $20 strike highlighted in orange:
And ArcBest Corp (ARCB) saw options trading volume of 2,730 contracts, representing approximately 273,000 underlying shares or approximately 104.5% of ARCB's average daily trading volume over the past month, of 261,200 shares.
Especially high volume was seen for the $100 strike put option expiring January 17, 2025, with 1,174 contracts trading so far today, representing approximately 117,400 underlying shares of ARCB. Below is a chart showing ARCB's trailing twelve month trading history, with the $100 strike highlighted in orange:
For the various different available expirations for EHTH options, SAVE options, or ARCB options, visit StockOptionsChannel.com.