Options Trading Insights: Cal-Maine Foods, AbbVie, and GE Vernova Take the Spotlight
High Contract Volumes Shine in Today’s Markets
In examining options trading within the Russell 3000 index, Cal-Maine Foods Inc (Symbol: CALM) stands out with impressive activity today. A total of 3,388 contracts have been traded so far, equivalent to approximately 338,800 underlying shares—about 45.8% of CALM’s average daily trading volume of 739,355 shares over the past month. Notably, the $60 strike call option expiring on November 15, 2024, saw a significant 367 contracts change hands today, translating to around 36,700 underlying shares. The chart below depicts CALM’s trading history over the last twelve months, with the $60 strike highlighted in orange:
AbbVie Experiences Noteworthy Volume in Options Trading
AbbVie Inc (Symbol: ABBV) recorded a commanding volume of 20,094 contracts traded today, amounting to approximately 2.0 million underlying shares. This represents a substantial 44.4% of ABBV’s average daily trading volume of 4.5 million shares. Among these, the $185 strike call option expiring on January 17, 2025, experienced particularly high activity with 2,505 contracts exchanged, equating to roughly 250,500 underlying shares. Below is AbbVie’s twelve-month trading chart, illustrating the $185 strike in orange:
GE Vernova Shows Strong Options Activity
Options for GE Vernova Inc (Symbol: GEV) also demonstrated considerable volume with 10,289 contracts traded today, representing approximately 1.0 million underlying shares—43.4% of GEV’s average daily volume of 2.4 million shares. A highlight was the $200 strike put option expiring on November 15, 2024, which saw 5,010 contracts traded today, representing around 501,000 underlying shares. The following chart illustrates GEV’s trading history for the past twelve months, with the $200 strike marked in orange:
For those interested in exploring different expiration options for CALM, ABBV, or GEV, more information can be found at StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Funds Holding YYGH
- Funds Holding VAC
- Funds Holding AEMB
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
