Unusual Options Activity: UNP, PDD and Others Attract Market Bets, UNP V/OI Ratio Reaches 272.7

EST May 26th Afternoon Delivery - In the last two 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 $Union Pacific (UNP.US)$ call contracts stood out with a volume of 6,000, far exceeding its open interest of 22 with a V/OI ratio of 272.73. The premium, or cost, of the trade was $600K. The strike price of this contract is $290.000 and the expiration date is June 5th, 2026, 10 days later.

Another option trade worth noting is a trade on $PDD Holdings (PDD.US)$ call contracts with a volume of 4,610, far exceeding its open interest of 33 with a V/OI ratio of 139.7. The premium, or cost, of the trade was $898.93K. The strike price of this contract is $104.000 and the expiration date is June 5th, 2026, 10 days later.

There is also a notable transaction on $Union Pacific (UNP.US)$ call contracts with a volume of 3,500, far exceeding its open interest of 31 with a V/OI ratio of 112.9. The premium, or cost, of the trade was $787.5K. The strike price of this contract is $280.000 and the expiration date is June 5th, 2026, 10 days later.

See below for more unusual options activities.