Options Trading Activity Peaks in ServiceNow, Oracle, PubMatic

Noteworthy options trading activity is observed. Investors should take note as ServiceNow, Oracle, and PubMatic experience significant contract volumes, potentially impacting their stock prices.

Date: 28-02-2025

AI Rating: 6

Options Trading Insights: The report highlights high options trading volumes for three companies: ServiceNow Inc (NOW), Oracle Corp (ORCL), and PubMatic Inc (PUBM).
For ServiceNow, 8,458 contracts traded accounts for a significant 44.5% of its average daily trading volume of 1.9 million shares, indicating strong investor interest. Particularly notable is the trading of the $1050 strike call option expiring on April 17, 2025, with 456 contracts, suggesting market optimism for the stock's future performance.

Similarly, Oracle's options activity shows 37,889 contracts traded, equating to 44.4% of its average volume of 8.5 million shares. The $165 strike call option, with 2,165 contracts, reflects a bullish outlook among traders.

Finally, PubMatic's 1,598 contracts represent 43.9% of its average daily trading volume. The $15 strike call option has also seen considerable trading, indicating possible positive expectations from investors.
Conclusion: The high volume of options traded for these stocks might influence their future stock price movements. Increased options trading often indicates investor sentiment, and the bullish positions in the call options for these companies may suggest expectations of upward price movements.

Stocks: NOW ORCL PUBM