Surge in Options Trading for Vistra, Truist, and Western Digital
Daily Trading Insights Show Unusual Activity
Among the components of the S&P 500 index, significant options trading volume was noted today, particularly for Vistra Corp (Symbol: VST). A total of 78,029 contracts have exchanged hands, equating to about 7.8 million underlying shares. This figure constitutes approximately 75.1% of VST’s average daily trading volume over the last month, which stands at 10.4 million shares. Notably, the $115 strike put option expiring on November 1, 2024, drew particular interest with 20,077 contracts traded so far, correlating to roughly 2.0 million underlying shares of VST. Below is a chart illustrating VST’s trading history over the last twelve months, with the highlighted $115 strike option in orange:
Truist Financial Corp (Symbol: TFC) also witnessed a robust trading session, revealing options volume of 40,801 contracts. This represents about 4.1 million underlying shares, accounting for an impressive 57.6% of TFC’s average daily trading volume over the past month of 7.1 million shares. Specifically, the $40 strike put option expiring on October 18, 2024, generated notable activity with 15,043 contracts traded thus far, translating to roughly 1.5 million underlying shares of TFC. A chart depicting TFC’s trading history over the last year is displayed below, with the relevant $40 strike highlighted in orange:
Western Digital Corp (Symbol: WDC) recorded options trading volume of 24,485 contracts today, representing about 2.4 million underlying shares. This number is approximately 52.8% of WDC’s average daily trading volume of 4.6 million shares from the past month. Specifically, the $65 strike call option expiring on October 11, 2024, garnered significant attention with 17,689 contracts traded so far, corresponding to around 1.8 million underlying shares of WDC. Below is a chart showing WDC’s trading history for the past twelve months, with the highlighted $65 strike option shown in orange:
For information on the various available expirations for VST options, TFC options, or WDC options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
• Benford’s Law Stocks
• VNTR Stock Predictions
• SNP Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.