Surge in Options Trading for Dell, Intel, and BlackRock

Today, the S&P 500 saw significant options trading activity in several key companies, including Dell Technologies Inc, Intel Corp, and BlackRock Inc. Below is an analysis of their recent trading volumes.

High Activity for Dell Technologies

Dell Technologies Inc (Symbol: DELL) experienced a substantial options trading volume today, totaling 29,433 contracts, which equates to around 2.9 million underlying shares. This figure represents approximately 45.2% of DELL’s average daily trading volume for the past month, which is 6.5 million shares. In particular, the $123 strike call option set to expire on October 25, 2024, saw notable interest, with 1,897 contracts trading today, translating to about 189,700 underlying shares of DELL. The chart below illustrates DELL’s trading activity over the past twelve months, highlighting the $123 strike in orange:

Intel’s Options Trading Volume Rises

Intel Corp (Symbol: INTC) also saw robust options trading today, with a total of 227,313 contracts changing hands. This amount corresponds to about 22.7 million underlying shares, making up approximately 42.5% of INTC’s average daily trading volume of 53.5 million shares over the last month. A significant focus was on the $23.50 strike call option expiring on October 25, 2024, where 21,656 contracts have been traded, representing about 2.2 million underlying shares of INTC. The chart below captures INTC’s trading history, with the $23.50 strike highlighted in orange:

BlackRock Sees Active Options Trading

Finally, BlackRock Inc (Symbol: BLK) reported options trading volume of 2,192 contracts today, which represents approximately 219,200 underlying shares. This volume is around 41.8% of BLK’s average daily trading volume over the past month of 525,000 shares. The $1080 strike call option expiring on December 20, 2024, garnered notable attention, with 210 contracts traded today, corresponding to about 21,000 underlying shares of BLK. The chart below displays BLK’s trading history, with the $1080 strike marked in orange:

For additional expiration dates and details on options for DELL, INTC, or BLK, visit StockOptionsChannel.com.

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

Additional Resources:

• Top Ten Hedge Funds Holding SD
• MJN Videos
• Institutional Holders of IDX

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