News

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

11 July
Noteworthy Thursday Option Activity: URBN, CZR, LEN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Urban Outfitters, Inc. (Symbol: URBN), where a total of 6,941 contracts have traded so far, representing approximately 694,100 underlying shares. That amounts to about 47% of URBN's average daily trading volume over the past month of 1.5 million shares. Especially high volume was seen for the $48 strike put option expiring July 19, 2024, with 1,813 contracts trading so far today, representing approximately 181,300 underlying shares of URBN. Below is a chart showing URBN's trailing twelve month trading history, with the $48 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Caesars Entertainment Inc (Symbol: CZR) options are showing a volume of 18,854 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 46.9% of CZR's average daily trading volume over the past month, of 4.0 million shares. Particularly high volume was seen for the $36 strike put option expiring July 26, 2024, with 3,002 contracts trading so far today, representing approximately 300,200 underlying shares of CZR. Below is a chart showing CZR's trailing twelve month trading history, with the $36 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Lennar Corp (Symbol: LEN) options are showing a volume of 12,691 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 46.8% of LEN's average daily trading volume over the past month, of 2.7 million shares. Particularly high volume was seen for the $155 strike call option expiring August 16, 2024, with 942 contracts trading so far today, representing approximately 94,200 underlying shares of LEN. Below is a chart showing LEN's trailing twelve month trading history, with the $155 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for URBN options, CZR options, or LEN options, visit StockOptionsChannel.com.

Also see:

Cheap Smallcap Stocks
GDXS Videos
CTV Videos

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