Surge in Options Trading: Key Companies Making Waves Today

Today’s options trading for S&P 500 components reveals significant activity, particularly for Smurfit Westrock plc, JPMorgan Chase & Co, and Bunge Global SA.

Smurfit Westrock plc (Symbol: SW): A Strong Day for Options

In today’s trading, Smurfit Westrock plc (Symbol: SW) is experiencing notable options trading activity, with a total volume of 35,042 contracts—reflecting around 3.5 million underlying shares. This figure amounts to 79% of SW’s average daily trading volume of 4.4 million shares over the past month.

The $50 strike call option, set to expire on January 17, 2025, has garnered special interest, with 10,006 contracts traded. This accounts for roughly 1.0 million underlying shares of SW. Below is a chart of SW’s trading history over the past year, highlighting the $50 strike in orange:

JPMorgan Chase & Co (Symbol: JPM): High Volume Observed

JPMorgan Chase & Co (Symbol: JPM) reported options trading volume of 52,597 contracts, equivalent to about 5.3 million underlying shares. This represents approximately 59.5% of JPM’s average daily trading volume of 8.8 million shares over the last month.

The $245 strike call option, expiring December 20, 2024, has seen particularly high interest, with 6,729 contracts traded, translating to around 672,900 underlying shares. Below is a chart of JPM’s trading history from the past year with the $245 strike highlighted in orange:

Bunge Global SA (Symbol: BG): Steady Trading Activity

Bunge Global SA (Symbol: BG) options are also seeing activity, with 8,103 contracts traded today. This represents about 810,300 underlying shares, or 52.2% of BG’s average daily trading volume across the past month of 1.6 million shares.

For the $90 strike call option expiring October 18, 2024, 1,520 contracts have been traded, representing approximately 152,000 underlying shares of BG. Here’s a chart showcasing BG’s trading history over the last year, with the $90 strike in orange:

To explore various available expirations for SW, JPM, or BG options, visit StockOptionsChannel.com.

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

Additional Insights:

• 10 Dow Components Hedge Funds Are Selling
• EGF Average Annual Return
• FDEU Insider Buying

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