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

Notes:

Unusual options activity identifies a single option trade with a volume-to-open-interest ratio (V/OI) equal to or above 10, which means the volume of the trade is much higher than the existing positions. High V/OI often implies that a trader is opening a new position with an unusual amount. Options activities are filtered based on the following criteria:

• Options trade with V/OI≥10, while OI of the contract must be ≥10.

• Options trade with premium≥$50,000.

• The underlying asset of selected options must be individual stock with a market cap≥$5 billion.

• If there are at least 3 or more trades that meet all the criteria in the corresponding time period, an article will be generated at 11:30, 13:30, and 16:30 ET each trading day.

Options trading entails significant risk and is not appropriate for all customers. It is important that investors read before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request.

The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.