High Options Trading Volume Seen in UBER, NOW, and EL Stocks

Increased options trading activity marks a potential shift for UBER, NOW, and EL stocks. The high volumes suggest investor sentiment and could indicate future price movements.

Date: 29-05-2025

AI Rating: 7

Today, we observe substantial options trading activity among key players in the S&P 500. Uber Technologies Inc (UBER) leads with 202,147 total contracts traded, representing approximately 20.2 million underlying shares, or about 83% of its average daily volume. The notable volume for the $95 strike call option expiring on July 18, 2025 indicates heightened interest and a potentially bullish sentiment surrounding Uber's stock.

ServiceNow Inc (NOW) also saw significant options activity with 9,684 contracts traded, accounting for 70.9% of its average daily volume. The $800 strike call option expiring on July 18, 2025, with a notable 4,992 contracts traded, suggests investors are anticipating upward movement in ServiceNow’s share price.

Estee Lauder Cos., Inc. (EL) experienced similar trends, with 25,253 contracts trading, representing 68% of its daily average. The activity in the $71 strike call option expiring on May 30, 2025, highlights investor optimism regarding Estee Lauder's upcoming performance.

While the report does not provide specific metrics such as Earnings Per Share (EPS), Revenue Growth, or Profit Margins, the increased trading volumes can be interpreted as a signal of confidence in these companies, possibly driven by anticipated favorable financial results or strategic developments. It's essential for investors to monitor these shifts closely, as they can influence stock prices significantly in the short term.

Stocks: UBER NOW EL