Heavy Call Activity Drives Surge in Herbalife Options Volume
Options volume in Herbalife Ltd. climbed to 32,666 contracts by 3:20 p.m. New York time on Thursday, driven almost entirely by call contracts and dominated by a single August 21, 2026 call spread split evenly between $15 and $17.50 strikes, according to exchange data compiled by Bloomberg. Open interest shows a large imbalance between the two strik…