Surge in Options Trading Volume for UPST and NUE

Options trading activity spikes for UPST and NUE, with UPST's volume hitting around 85.3% of its average. Investors should monitor these trends closely to gauge potential stock price impacts.

Date: 21-03-2025

AI Rating: 6

Overview of Trading Activity

Today’s report details significant options trading volume for several companies, particularly highlighting Upstart Holdings Inc (UPST) and Nucor Corp (NUE). The high trading volumes could indicate investor sentiment regarding these stocks.

In the case of **Upstart Holdings Inc (UPST)**, a total of 45,449 contracts have traded, representing about 4.5 million underlying shares, which is 85.3% of its average daily trading volume of 5.3 million shares. This notable volume suggests that investors are quite active in trading UPST options, potentially affected by expected movements in the stock price due to market conditions or company-related news.

Moreover, the report notes that high volume is particularly evident in the $45 strike put option for UPST, with 8,388 contracts traded, equating to roughly 838,800 underlying shares. This could hint at a bearish sentiment regarding UPST’s future performance, as many traders are opting for put options.

Turning to **Nucor Corp (NUE)**, the trading volume reached 20,498 contracts, representing approximately 2.0 million underlying shares, or 77.1% of its average daily volume of 2.7 million shares. Similar to UPST, a heightened options trading volume indicates increased investor engagement, which might suggest a shift in market sentiment or expectations for NUE.

The $135 strike call option for NUE has also seen robust trading activity, with 5,351 contracts traded so far, indicating a potentially bullish outlook among some investors.

**Conclusion on Industry Sentiment**

Overall, the significant options trading volumes for both UPST and NUE reflect heightened investor activity and interest. While specific figures about earnings, revenue, or profit margins are not provided in this report, the trading patterns and sentiment can have implications for the stock prices in the near future. Investors should carefully monitor these trends as they may correlate with shifts in stock valuations.

Stocks: UPST NUE