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Market Impact: 0.25

Noteworthy Tuesday Option Activity: NNE, UPST, FDS

UPSTFDSNNEAPYXRGSNDAQ
Futures & OptionsCompany FundamentalsMarket Technicals & Flows
Noteworthy Tuesday Option Activity: NNE, UPST, FDS

Upstart Holdings Inc (UPST) and FactSet Research Systems Inc. (FDS) experienced notable options trading volume, with 42% and 41.7% of their respective average daily trading volumes concentrated in options contracts. Specifically, the UPST $55 strike call option expiring June 20, 2025, and the FDS $420 strike put option expiring June 20, 2025, saw particularly high activity, suggesting targeted directional bets on these companies' future performance.

Analysis

Upstart Holdings Inc. (UPST) demonstrated significant options market activity, with trading volume reaching 30,739 contracts, equivalent to approximately 3.1 million underlying shares. This activity represents a substantial 42% of UPST's average daily share trading volume of 7.3 million shares. Notably, the $55 strike call option expiring June 20, 2025, attracted considerable interest, with 7,254 contracts traded, corresponding to 725,400 underlying shares, suggesting bullish positioning or hedging related to a potential price increase above $55 by mid-2025. Concurrently, FactSet Research Systems Inc. (FDS) also experienced elevated options trading, with 1,355 contracts changing hands, representing 135,500 underlying shares. This volume constitutes a significant 41.7% of FDS's average daily trading volume of 325,120 shares. For FDS, the $420 strike put option expiring June 20, 2025, was particularly active, with 312 contracts traded, covering 31,200 underlying shares, indicating specific market interest in downside protection or bearish bets below the $420 level by June 2025. The concentration of volume in these specific long-dated options contracts for both UPST and FDS points to strategic, rather than purely speculative short-term, positioning by market participants.

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Market Sentiment

Overall Sentiment

neutral

Sentiment Score

0.00

Ticker Sentiment

APYX0.00
FDS0.00
NDAQ0.00
NNE0.00
RGS0.00
UPST0.00

Key Decisions for Investors

  • Investors should monitor the ongoing volume and open interest in the UPST June 20, 2025 $55 call options as a potential indicator of sustained bullish sentiment or significant hedging activity.
  • The notable activity in FDS June 20, 2025 $420 put options warrants attention, as it may signal expectations of downward price pressure or increased demand for portfolio protection for FDS shares.