High Options Trading Volume for Disney, Brinks, and Cisco Raises Eyebrows

Walt Disney Co. Leads with Significant Activity

Among the stocks in the Russell 3000 index, Walt Disney Co. (Symbol: DIS) showed impressive options trading volume today. So far, 38,466 contracts have been traded, which equals about 3.8 million underlying shares. This figure represents approximately 42.7% of DIS’s average daily trading volume over the last month, which is around 9.0 million shares.

Notably, the $97 strike call option expiring on October 18, 2024, saw considerable activity, with 4,639 contracts changing hands today, accounting for roughly 463,900 underlying shares. Below is a chart illustrating DIS’s trading history over the last twelve months, with the $97 strike highlighted in orange:

Brinks Co. Also Notable for Trading Volume

Brinks Co. (Symbol: BCO) experienced a trading volume of 1,200 options contracts today, which is approximately 120,000 underlying shares. This amount corresponds to about 42.7% of BCO’s average daily trading volume, which is around 281,240 shares. The $115 strike call option expiring on October 18, 2024, attracted significant interest as well, with 1,200 contracts traded, representing 120,000 underlying shares. Below is the chart showing BCO’s trading history for the past twelve months, with the $115 strike highlighted in orange:

Cisco Systems Inc. Makes a Splash

Cisco Systems Inc. (Symbol: CSCO) generated an impressive options volume of 68,609 contracts today. This activity represents close to 6.9 million underlying shares, which amounts to around 42.7% of CSCO’s average daily trading volume of approximately 16.1 million shares. A highlight was the $56 strike call option, expiring on October 25, 2024, where 42,837 contracts have been traded, equating to about 4.3 million underlying shares. Here’s a chart displaying CSCO’s twelve-month trading history, with the $56 strike highlighted in orange:

For additional information on available expirations for options on DIS, BCO, or CSCO, visit StockOptionsChannel.com.

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

Also see:

• Secondary Stock Offerings
• VRM market cap history
• UCBI Price Target

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