Options Trading Highlights: Hershey, United Airlines, and Disney Surge

Key Options Volume Observed Today in Major S&P 500 Companies

Among the companies included in the S&P 500 index, significant options trading took place today for Hershey Company (Symbol: HSY). So far, a total of 5,579 contracts have changed hands, amounting to about 557,900 underlying shares. This volume represents roughly 49.3% of HSY’s average daily trading volume of 1.1 million shares over the past month. Notably, the $182.50 strike call option, set to expire on November 01, 2024, accounted for high activity, with 1,215 contracts trading, equating to approximately 121,500 underlying shares of HSY. Below is a chart detailing HSY’s trading history over the past twelve months, with the $182.50 strike marked in orange:

In another notable development, United Airlines Holdings Inc (Symbol: UAL) experienced options trading volume totaling 49,926 contracts, equating to about 5.0 million underlying shares. This represents approximately 49.1% of UAL’s average daily trading volume of 10.2 million shares over the past month. The $60 strike put option, also expiring on November 01, 2024, saw significant trading, with 14,087 contracts trading, representing around 1.4 million underlying shares. Below is a chart reflecting UAL’s trading history, with the $60 strike highlighted in orange:

Walt Disney Co. (Symbol: DIS) also saw active options trading, with a total of 39,896 contracts executed. This figure corresponds to around 4.0 million underlying shares or approximately 48.5% of DIS’s average daily trading volume of 8.2 million shares over the past month. The $98 strike call option, set to expire on October 25, 2024, was especially popular, with 18,644 contracts trading, representing roughly 1.9 million underlying shares. Below is a chart that showcases DIS’s trading activity for the last twelve months, with the $98 strike highlighted in orange:

For additional information on available expirations for options linked to HSY, UAL, or DIS, visit StockOptionsChannel.com.

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

Also see:

• Oversold Dividend Stocks
• QIPT Options Chain
• Institutional Holders of ASCA

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