Increased Options Activity for Walmart and Others Sparks Interest Among Traders

Walmart Leads with Significant Options Trading Volume

Looking at the options trading landscape for the Russell 3000 index, Walmart Inc (Symbol: WMT) stands out today. A total of 78,513 contracts have been traded, translating to about 7.9 million underlying shares, since each contract corresponds to 100 shares. This volume represents approximately 49.5% of WMT’s average daily trading volume of 15.9 million shares over the last month. Notably, the $82 strike call option, set to expire on October 18, 2024, has experienced particularly high volume, with 7,057 contracts traded, equating to roughly 705,700 shares. Below is a chart displaying WMT’s trading history over the past year, with the $82 strike marked in orange:

Abbott Laboratories Experiences Notable Options Activity

Abbott Laboratories (Symbol: ABT) reported an options volume of 23,398 contracts today, representing about 2.3 million underlying shares. This volume accounts for 48.2% of ABT’s average daily trading volume of 4.9 million shares over the past month. The $116 strike put option, also expiring on October 18, 2024, has attracted attention with 3,872 contracts traded, which is equivalent to approximately 387,200 underlying shares. Below is a chart illustrating ABT’s twelve-month trading history with the $116 strike outlined in orange:

Timken Co. Shows Strong Options Trading Momentum

Timken Co. (Symbol: TKR) recorded options trading volume of 2,169 contracts today, which represents approximately 216,900 underlying shares. This figure is about 47.4% of TKR’s average daily trading volume of 457,815 shares over the past month. The $85 strike call option, set to expire on October 18, 2024, has been particularly active, with 1,038 contracts traded, or around 103,800 shares. Below is a chart depicting TKR’s twelve-month trading history, with the $85 strike marked in orange:

To explore various expiration options for WMT, ABT, or TKR, visit StockOptionsChannel.com.

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

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