Unusual options activity in International Game Technology (IGT), Upstart Holdings (UPST) and Salesforce.com (CRM)
Unusual options activity in International Game Technology PLC (IGT)
Among the underlying components of the NYSE today, we saw unusual or noticeable options trading volume and activity in International Game Technology PLC (IGT), which opened at $ 22.72.
There were orders valued at 20,000 contracts traded on the $ 26 on-demand exercise call option, dated November 19, 2021, representing 2,000,000 shares.
In addition, there were additional orders, seen below, also in the amount of 20,000 contracts for the $ 33 exercise call option, for the same date but to the offer of purchase and for the same date, representing 2,000,000 additional shares.
Together this strategy represented a buy debit spread, but as seen there were 15,000 additional orders traded for the dates, but for the $ 23 exercise call and exercise call options. $ 30; therefore, these large orders could be calendars or diagonals rolled to further expirations.
The remarkable option controls in International Game Technology of the Unusual Whales Flow are seen above.
The orders follow reports earlier this month that IGT has created a dedicated digital and betting business unit, comprising its iGaming and sports betting businesses.
According to the graph above, representing the daily price of International Game Technology, in blue today there was a high of 72,838 calls in green. This call volume was 476% higher than IGT’s 30-day average call volume.
To view more information on IGT’s daily feed breakdown, click here to visit unusualwhales.com.
Unusual options activity in Upstart Holdings, Inc. (UPST)
In the NASDAQ Global Select Market Composite (NasdaqGS) market-capitalization-weighted index (NasdaqGS), today we saw unusual or noteworthy option trading volume and activity at Upstart Holdings, Inc. (UPST), which opened at $ 328.77.
There was a total of a series of orders ranging from 100 contracts to 230 contracts, traded on the $ 400 exercise call option on demand, dated October 15, 2021 and January 21, 2022, as well as the $ 330 exercise call option on the ask, dated September 24, 2021. This series of orders shifted the traded premium trend of the day option order flow to 58.37% bullish against 41.63% bearish.
The notable option orders in Upstart Holdings, Inc. of Unusual Whales Flow are seen above.
These orders come after more enthusiastic reports of the recent IPO, as Upstart provides an artificial intelligence-powered platform that banks can use to assess customers’ credit risk.
According to the charts above, representing the option chain allocation of Upstart Holdings, Inc. for minimum premiums of $ 10,000 or more, the bullish premium activity outpaced the decline, as well as the calls traded. and their required premiums.
To view more information on UPST’s feed breakdown, click here to visit unusualwhales.com.
Unusual options activity in Salesforce.com, inc. (CRM)
Finally, among the underlying constituents of the NYSE, we have seen unusual or noticeable options trading volume and activity in Salesforce.com, inc. (CRM), which opened at $ 270.00.
There was a series of 300 contracts traded on the $ 300 on-demand exercise call option, dated October 29, 2021, representing approximately 30,000 shares for each order.
The notable option commands are seen above in salesforce.com, inc. the unusual flow of whales.
The orders come after reports that Salesforce.com Inc. will hold its annual Investor Day today at 11:00 a.m.ET.
According to the chart above, representing the daily price from Salesforce.com, Inc., in blue, call volume peaked today at 72,361 in green. This call volume was 156% higher than the 30-day average CRM call volume.
To view more information on the breakdown of CRM feeds, click here to visit unusualwhales.com.
For more information on the unusual options activity of IGT, UPST and CRM, visit unusualwhales.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.