United Airlines, Core Scientific, and OneMain Options Surge

The report highlights significant options trading activity today for United Airlines Holdings, Core Scientific, and OneMain Holdings, with striking volumes suggesting investor interest that could impact stock prices. High trading volumes in specific call options indicate bullish sentiment.

Date: 06-11-2024

AI Rating: 6

The recent report presents notable activity in the options market for several companies, indicating potential investor sentiment shifts that could affect stock prices.

For United Airlines Holdings Inc (UAL), a total volume of 75,767 contracts was traded, representing about 7.6 million underlying shares, or 83.9% of its average daily volume of 9.0 million shares. The $75 strike call option expiring December 20, 2024 saw particularly high volumes with 11,544 contracts traded today, indicating strong bullish interest among investors.

In the case of Core Scientific Inc (CORZ), 83,094 contracts traded, representing approximately 8.3 million underlying shares, or a substantial 81% of the average daily trading volume of 10.3 million shares. The $14 strike call option expiring December 20, 2024 was particularly active with 15,039 contracts, pointing to growing bullish sentiment.

Meanwhile, OneMain Holdings Inc (OMF) experienced 8,665 contracts traded, or about 866,500 underlying shares, which is roughly 80.8% of its average daily trading volume of 1.1 million shares. High activity was noted for the $55 strike call option expiring January 17, 2025, with 5,050 contracts traded.

This significant options trading activity can signal investor expectations, and high volumes associated with call options may indicate optimism surrounding the respective companies. As a result, stock prices could potentially rise due to the heightened demand reflected in the options market.

Stocks: UAL CORZ OMF