Trending | UPST Surges 5% on Wednesday, Some Call options Soar 1600%
On August 13, Eastern Time, Upstart options saw a total of 108376 contracts traded, with calls accounting for 41% and puts making up 58%.
On August 13, Eastern Time, Upstart options saw a total of 108376 contracts traded, with calls accounting for 41% and puts making up 58%.
Upstart has 331298 contracts outstanding, with calls accounting for 55% and puts making up 44%.
The top volume gainer was the 70 dollars Call option expiring on August 15, 2025, with 4588 contracts traded.
On the news front, Based on recent key news:
1. August 12, Upstart upsized its convertible notes offering to $600 million, boosting investor confidence and driving a 5% price surge.
2. August 11, Announcement of $500 million convertible notes led to a 5.9% pre-market drop.
3. August 11, Deep-pocketed investors took a bearish stance, impacting sentiment.
Please note: The chart below does not include options expiring within five days.
