Noteworthy Friday Option Activity: RDDT, UPS, BJ

United Parcel Service (UPS) is experiencing significant options trading volume today, reaching 73.7% of its average daily share volume, with notable activity in the $95 strike call option expiring October 2025. Similarly, BJ's Wholesale Club (BJ) options volume hit 67% of its average daily share volume, highlighted by high trading in the $100 strike put option expiring September 2025. This elevated options activity suggests increased investor positioning or hedging strategies in both equities, with a notable bullish bias for UPS and a bearish or protective bias for BJ's.

Analysis

United Parcel Service (UPS) and BJ's Wholesale Club (BJ) are both exhibiting unusually high options market activity, indicating significant investor positioning. For UPS, options volume today equates to 73.7% of its average daily share volume, a substantial figure suggesting heightened strategic interest. The most notable activity is concentrated in the October 2025 $95 strike call options, where volume represents approximately 824,700 underlying shares. This specific, long-dated call buying points towards a potentially significant bullish stance on the company's long-term prospects. Conversely, BJ's Wholesale Club is also seeing elevated options volume at 67% of its daily average. The focus here is on the September 2025 $100 strike put options, suggesting a considerable bearish bet or a large-scale protective hedging strategy against a potential price decline over the next year. The long-term nature of both of these prominent trades implies that market participants are taking strategic, rather than short-term tactical, positions in these two distinct names.

Key Decisions for Investors

• Given the significant volume in long-dated $95 calls for UPS, investors with a bullish thesis should view this as a potential confirmation of positive long-term sentiment from at least one large market participant.
• The substantial put option activity at the $100 strike for BJ's Wholesale Club serves as a cautionary signal, prompting investors to review potential downside catalysts or consider hedging long positions.