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01 May
Noteworthy Wednesday Option Activity: ITT, UPST, LEG

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in ITT Inc (Symbol: ITT), where a total volume of 2,069 contracts has been traded thus far today, a contract volume which is representative of approximately 206,900 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 64% of ITT's average daily trading volume over the past month, of 323,190 shares. Especially high volume was seen for the $130 strike call option expiring May 17, 2024, with 2,019 contracts trading so far today, representing approximately 201,900 underlying shares of ITT. Below is a chart showing ITT's trailing twelve month trading history, with the $130 strike highlighted in orange:

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Upstart Holdings Inc (Symbol: UPST) options are showing a volume of 20,868 contracts thus far today. That number of contracts represents approximately 2.1 million underlying shares, working out to a sizeable 59.5% of UPST's average daily trading volume over the past month, of 3.5 million shares. Particularly high volume was seen for the $24.50 strike call option expiring May 03, 2024, with 10,750 contracts trading so far today, representing approximately 1.1 million underlying shares of UPST. Below is a chart showing UPST's trailing twelve month trading history, with the $24.50 strike highlighted in orange:

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And Leggett & Platt, Inc. (Symbol: LEG) saw options trading volume of 9,244 contracts, representing approximately 924,400 underlying shares or approximately 59.3% of LEG's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $12.50 strike put option expiring June 21, 2024, with 1,305 contracts trading so far today, representing approximately 130,500 underlying shares of LEG. Below is a chart showing LEG's trailing twelve month trading history, with the $12.50 strike highlighted in orange:

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For the various different available expirations for ITT options, UPST options, or LEG options, visit StockOptionsChannel.com.

Also see:

ETFs Holding UIS
FDBC shares outstanding history
LOCL market cap history

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