Wednesday’s unusual options activity included 50 call LEAPS (Long-Term Equity Participation Securities) with Vol/OI (volume-to-open-interest) ratios ranging from 21.47 for Uber Technologies’ (UBER) Jan. 21/2028 $115 strike to CrowdStrike Holdings’ (CRWD) Jan. 19/2029 $300 strike at 1.33.
Among the 50 calls, the two that stand out for me are Diageo’s (DEO) Jan. 21/2028 $40 call and McDonald’s (MCD) Jan. 19/2029 $250 call.