Core Viewpoint - United Parcel Service Inc (UPS) reported better-than-expected third-quarter earnings and revenue, attributing this success to job cuts and cost-cutting initiatives, and provided an optimistic revenue outlook for the fiscal fourth quarter, resulting in a significant increase in share price [1]. Group 1: Earnings and Revenue - UPS announced third-quarter earnings and revenue that exceeded expectations [1]. - The company cited job cuts and cost-cutting measures as key factors contributing to its performance [1]. - An upbeat revenue outlook for the fiscal fourth quarter was issued, positively impacting investor sentiment [1]. Group 2: Stock Performance - Following the earnings announcement, UPS shares rose by 10.4%, trading at $98.45, marking the best day for the stock since February 2022 [2]. - The stock has recovered from a five-year low of $82 recorded on October 14 and is approaching long-term resistance at the 100-day moving average [2]. - Year-to-date, UPS equity is down 21.9% [2]. Group 3: Options Trading Activity - Options traders have shown increased optimism, with a 50-day call/put ratio of 3.27, ranking in the 84th percentile of annual readings [3]. - There has been significant activity in the options market, with 58,000 calls and 28,000 puts traded, which is 14 times the typical volume for this time [4]. - The most active option is the January 16, 2026, 105-strike call, while positions are being sold to open at the weekly 10/31 95-strike put [4].