DividendChannel.com

Noteworthy Wednesday Option Activity: SQ, UHS, AMRK

By Dividend Channel Staff, Wednesday, April 17, 3:24 PM ET

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Block Inc (NYSE:SQ), where a total volume of 40,492 contracts has been traded thus far today, a contract volume which is representative of approximately 4.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 58.6% of SQ's average daily trading volume over the past month, of 6.9 million shares. Particularly high volume was seen for the $82.50 strike put option expiring April 19, 2024, with 4,907 contracts trading so far today, representing approximately 490,700 underlying shares of SQ. Below is a chart showing SQ's trailing twelve month trading history, with the $82.50 strike highlighted in orange:

Universal Health Services, Inc. (NYSE:UHS) saw options trading volume of 3,405 contracts, representing approximately 340,500 underlying shares or approximately 56.9% of UHS's average daily trading volume over the past month, of 598,780 shares. Especially high volume was seen for the $170 strike put option expiring April 19, 2024, with 1,680 contracts trading so far today, representing approximately 168,000 underlying shares of UHS. Below is a chart showing UHS's trailing twelve month trading history, with the $170 strike highlighted in orange:

And A-Mark Precious Metals, Inc (NASDAQ:AMRK) options are showing a volume of 3,325 contracts thus far today. That number of contracts represents approximately 332,500 underlying shares, working out to a sizeable 56.9% of AMRK's average daily trading volume over the past month, of 584,205 shares. Especially high volume was seen for the $40 strike put option expiring May 17, 2024, with 1,689 contracts trading so far today, representing approximately 168,900 underlying shares of AMRK. Below is a chart showing AMRK's trailing twelve month trading history, with the $40 strike highlighted in orange:

For the various different available expirations for SQ options, UHS options, or AMRK options, visit StockOptionsChannel.com.

This Article's Word Cloud:   AMRK   Arial   Below   Stock   Strike   afterLeftLabels   approximately   average   axisColor   background   beforeLeftLabels   bkgImage   bnkinvest   bottomBuffer   bottomLabels   bottomTableHeight   chart   chartBackgroundColor   clientId   contracts   daily   document   expiring   fillBelowLine   fillColor   fontFace   fontSize   gridBackgroundColor   gridColor   gridLocation   height   high   highlighted   history   labelColor   labelSide   left   leftBuffer   leftLabelsEvery   month   options   representing   shares   showing   strike   today   trading   underlying   volume   with

Noteworthy Wednesday Option Activity: SQ, UHS, AMRK | www.DividendChannel.com

Copyright © 2010 - 2024, All Rights Reserved Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.