Unusual Options Activity: EQT, JPM and Others Attract Market Bets, EQT V/OI Ratio Reaches 787.7
EST Feb 23rd Closing Delivery - In the last three hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
Of the 10 options trades detected with a high V/OI ratio, a trade on $EQT Corp (EQT.US)$ put contracts stood out with a volume of 10,240, far exceeding its open interest of 13 with a V/OI ratio of 787.69. The premium, or cost, of the trade was $645.12K. The strike price of this contract is $50.000 and the expiration date is April 17th, 2026, 53 days later.
Another option trade worth noting is a trade on $JPMorgan (JPM.US)$ put contracts with a volume of 1,499, far exceeding its open interest of 15 with a V/OI ratio of 99.93. The premium, or cost, of the trade was $230.85K. The strike price of this contract is $255.000 and the expiration date is March 27th, 2026, 32 days later.
There is also a notable transaction on $Expeditors International (EXPD.US)$ call contracts with a volume of 1,500, far exceeding its open interest of 24 with a V/OI ratio of 62.5. The premium, or cost, of the trade was $406.5K. The strike price of this contract is $160.000 and the expiration date is March 20th, 2026, 25 days later.
See below for more unusual options activities.
Notes:
Unusual options activity identifies a single option trade with a volume-to-open-interest ratio (V/OI) equal to or above 10, which means the volume of the trade is much higher than the existing positions. High V/OI often implies that a trader is opening a new position with an unusual amount. Options activities are filtered based on the following criteria:
Options trade with V/OI≥10, while OI of the contract must be ≥10.
Options trade with premium≥$50,000.
The underlying asset of selected options must be individual stock with a market cap≥$5 billion.
If there are at least 3 or more trades that meet all the criteria in the corresponding time period, an article will be generated at 11:30, 13:30, and 16:30 ET each trading day.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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