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27 June
Notable Thursday Option Activity: PLTR, HIMS, ELAN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Palantir Technologies Inc (Symbol: PLTR), where a total of 401,589 contracts have traded so far, representing approximately 40.2 million underlying shares. That amounts to about 98.1% of PLTR's average daily trading volume over the past month of 41.0 million shares. Especially high volume was seen for the $25 strike call option expiring June 28, 2024, with 44,434 contracts trading so far today, representing approximately 4.4 million underlying shares of PLTR. Below is a chart showing PLTR's trailing twelve month trading history, with the $25 strike highlighted in orange:

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Hims & Hers Health Inc (Symbol: HIMS) saw options trading volume of 110,821 contracts, representing approximately 11.1 million underlying shares or approximately 97.9% of HIMS's average daily trading volume over the past month, of 11.3 million shares. Especially high volume was seen for the $19 strike put option expiring July 19, 2024, with 9,122 contracts trading so far today, representing approximately 912,200 underlying shares of HIMS. Below is a chart showing HIMS's trailing twelve month trading history, with the $19 strike highlighted in orange:

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And Elanco Animal Health Inc (Symbol: ELAN) options are showing a volume of 30,190 contracts thus far today. That number of contracts represents approximately 3.0 million underlying shares, working out to a sizeable 78.4% of ELAN's average daily trading volume over the past month, of 3.9 million shares. Particularly high volume was seen for the $18 strike call option expiring July 19, 2024, with 10,387 contracts trading so far today, representing approximately 1.0 million underlying shares of ELAN. Below is a chart showing ELAN's trailing twelve month trading history, with the $18 strike highlighted in orange:

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For the various different available expirations for PLTR options, HIMS options, or ELAN options, visit StockOptionsChannel.com.

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