News

We provide the latest news
from the world of economics and finance

08 February
Notable Thursday Option Activity: LLY, ZIMV, CAL

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Eli Lilly (Symbol: LLY), where a total volume of 66,936 contracts has been traded thus far today, a contract volume which is representative of approximately 6.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 200.8% of LLY's average daily trading volume over the past month, of 3.3 million shares. Particularly high volume was seen for the $750 strike call option expiring February 09, 2024, with 2,702 contracts trading so far today, representing approximately 270,200 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $750 strike highlighted in orange:

ZimVie Inc (Symbol: ZIMV) options are showing a volume of 6,107 contracts thus far today. That number of contracts represents approximately 610,700 underlying shares, working out to a sizeable 186.3% of ZIMV's average daily trading volume over the past month, of 327,885 shares. Especially high volume was seen for the $15 strike put option expiring March 15, 2024, with 5,941 contracts trading so far today, representing approximately 594,100 underlying shares of ZIMV. Below is a chart showing ZIMV's trailing twelve month trading history, with the $15 strike highlighted in orange:

And Caleres Inc (Symbol: CAL) options are showing a volume of 4,284 contracts thus far today. That number of contracts represents approximately 428,400 underlying shares, working out to a sizeable 146.8% of CAL's average daily trading volume over the past month, of 291,900 shares. Especially high volume was seen for the $30 strike put option expiring March 15, 2024, with 1,513 contracts trading so far today, representing approximately 151,300 underlying shares of CAL. Below is a chart showing CAL's trailing twelve month trading history, with the $30 strike highlighted in orange:

For the various different available expirations for LLY options, ZIMV options, or CAL options, visit StockOptionsChannel.com.

Advertising Dividend Stocks
VC Historical Stock Prices
RRTS YTD Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.