Options Trading Highlights: State Street, United Airlines, and Marvell Technology Show Significant Activity

State Street Corp. (STT) Sees Strong Options Volume

Looking at options trading today, State Street Corp. (Symbol: STT) is attracting attention. A total of 10,907 contracts have been traded, which translates to about 1.1 million shares since each contract represents 100 underlying shares. This volume accounts for 47.4% of STT’s average daily trading volume of 2.3 million shares over the past month. The most notable activity is for the $85 strike put option expiring on October 18, 2024, where 2,337 contracts have changed hands, representing around 233,700 underlying shares. Below is a chart visualizing STT’s trading history over the last twelve months, with the $85 strike highlighted in orange:

United Airlines Holdings Inc. (UAL) Reports Bulging Options Volume

United Airlines Holdings Inc. (Symbol: UAL) is also experiencing brisk trading, with 35,385 contracts traded today. This amount represents approximately 3.5 million shares, or 46.9% of UAL’s average daily trading volume of 7.5 million shares for the past month. The $60 strike put option expiring on October 18, 2024, has seen particularly high activity, with 5,804 contracts traded, equating to about 580,400 underlying shares. Below is a chart showing UAL’s twelve-month trading history, with the $60 strike highlighted:

Marvell Technology Inc. (MRVL) Experiences Heavy Options Activity

Lastly, Marvell Technology Inc. (Symbol: MRVL) is also generating considerable options activity today with 43,654 contracts traded, which corresponds to around 4.4 million shares. This volume constitutes 44.2% of MRVL’s average daily trading volume of 9.9 million shares over the last month. The standout option is the $80 strike call expiring on December 20, 2024, with 5,245 contracts traded, representing about 524,500 underlying shares. Below is a chart reflecting MRVL’s trailing twelve-month trading history, with the $80 strike highlighted in orange:

For more details on the various expiration dates for options on STT, UAL, or MRVL, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• XLES Videos
• Institutional Holders of DCOM
• Institutional Holders of ZJUL

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.