Options Trading Activity Surges in Lowe’s, Western Digital, and Vertex Pharmaceuticals
Big Volume Reflects Investor Interest
Among the S&P 500 index components, specific companies captured significant attention today in options trading. Lowe’s Companies Inc (Symbol: LOW) led the way with an impressive total of 10,145 contracts traded, equating to roughly 1.0 million underlying shares. This figure represents about 48.2% of LOW’s average daily trading volume over the last month, which stands at 2.1 million shares. A particularly high level of activity was noted for the $252.50 strike put option set to expire on November 08, 2024, with 3,002 contracts traded, translating to about 300,200 underlying shares of LOW.
Western Digital Draws Attention with Heavy Trading
Meanwhile, Western Digital Corp (Symbol: WDC) experienced a robust options trading volume, with 26,179 contracts exchanged. This amount represents approximately 2.6 million underlying shares, which is about 47.4% of WDC’s average daily volume of 5.5 million shares over the past month. The $70 strike call option, also expiring on November 08, 2024, attracted notable interest, as 14,107 contracts traded, representing around 1.4 million underlying shares of WDC.
Vertex Pharmaceuticals Sees Significant Options Volume
Vertex Pharmaceuticals, Inc. (Symbol: VRTX) reported an options volume of 4,816 contracts today, translating to about 481,600 underlying shares. This volume corresponds to approximately 45.8% of VRTX’s average daily trading volume of 1.1 million shares during the past month. Here, the $470 strike put option, expiring on December 20, 2024, also recorded strong interest, with 1,088 contracts traded—equating to around 108,800 underlying shares of VRTX.
For further details on available expirations for LOW, WDC, or VRTX options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Low Priced Dividend Stocks
- BIO YTD Return
- HPY Options Chain
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
