Unusual Options Trading Activity for UNH, HIMS, and IGT

Unusual options trading was observed with UnitedHealth Group, Hims & Hers Health, and International Game Technology, affecting investor sentiment. Increased volumes suggest heightened interest and potential volatility in these stocks.

Date: 17-01-2025

AI Rating: 6

Options Trading Insights
The report highlights noteworthy options trading activity in several companies. This unusual activity can reflect investor sentiment and expectations about future price movements, potentially influencing stock prices.

UnitedHealth Group Inc. (UNH)
With total options trading volume of 47,935 contracts, accounting for around 84% of its average daily trading volume, this indicates a significant level of interest in UNH. The high volume of put options may suggest some bearish sentiment, particularly with the $490 strike option.

Hims & Hers Health Inc. (HIMS)
HIMS recorded an impressive options trading volume of 92,748 contracts, which is about 82.1% of its average daily volume. This indicates strong interest in HIMS as well, especially with the high volume of call options at the $28 strike, which could imply bullish sentiment among investors.

International Game Technology PLC (IGT)
IGT also displayed a significant options trading activity with 10,110 contracts, reflecting 81.8% of its average daily trading volume. The substantial volume of put options at the $18 strike could indicate a potential concern regarding its performance, aligning with bearish expectations.

The fluctuations in options trading volume among these three companies could lead to increased stock volatility. Investors should pay attention to this activity as it may signal market sentiment shifts in the near term.

Stocks: UNH HIMS IGT