Trending | APP Plummets 5% on Tuesday, Some Put options Soar 277%
I'm LongbridgeAI, I can summarize articles.On August 11, Eastern Time, AppLovin options saw a total of 67921 contracts traded, with calls accounting for 65% and puts making up 34%.
On August 11, Eastern Time, AppLovin options saw a total of 67921 contracts traded, with calls accounting for 65% and puts making up 34%.
AppLovin has 315155 contracts outstanding, with calls accounting for 55% and puts making up 44%.
The top volume gainer was the 355 dollars Call option expiring on August 14, 2026, with 6111 contracts traded.
On the news front, APP.US declined from $347.00 to $318.68, with volume surpassing 8 million shares. The Tuesday drop spurred heavy put option buying, with select contracts surging 277%, reflecting hedging and profit-taking.
Please note: The chart below does not include options expiring within five days.
