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Unusual Option Volume

UPS United Parcel Service146.50+1.14 (+0.8%)

United Parcel Service trades 38,514 contracts. News: UPS Releases 1Q 2024 Earnings

UPS 145.68+0.32 (+0.2%)United Parcel Service

  • ATM straddle for 26-Apr-24 expiration returned a negative -51.3% from the previous business day
  • The upside wing (25 delta calls) declined -77.4%
  • Downside put (25 delta puts) lost -97.3%
  • The option volume for 26-Apr-24 expiration is 27,477
  • News: UPS Releases 1Q 2024 Earnings

Bullish play with a target stock price of $155

Strategy has +100% upside potential and 17% undervalued

Unusual Option Volume

UPS United Parcel Service145.42+2.65 (+1.9%)

United Parcel Service trades 57,756 contracts. UPS will report earnings on Apr 23, 2024.
$UPS Earnings April 23 BMO. 26-Apr-24 Straddle Implies ±5.5% Move vs Prev. Move -8.2%
Sentiment Alert: UPS Increasing bearish pressure with an imbalance in net option delta of -279 K.