Surge in Options Trading: Monster Beverage, GE HealthCare, and IBM Take Center Stage
Today, the options market has experienced significant activity, particularly within the S&P 500 index components. Here’s a closer look at three companies making headlines.
Monster Beverage Corp (MNST) Sees Heavy Options Volume
Monster Beverage Corp (Symbol: MNST) has witnessed a remarkable options trading volume today, reaching 29,793 contracts. This figure translates to around 3.0 million underlying shares, which is about 50.4% of MNST’s average daily trading volume of 5.9 million shares over the past month. The $53 strike put option expiring on November 15, 2024, has drawn particular interest, with 6,563 contracts traded thus far, equating to approximately 656,300 shares. Below, you can see a chart depicting MNST’s trading history, highlighting the $53 strike:
GE HealthCare Technologies Inc (GEHC) Reports Strong Options Trading
In another notable move, GE HealthCare Technologies Inc (Symbol: GEHC) recorded an options trading volume of 12,199 contracts. This amount corresponds to approximately 1.2 million underlying shares, making up around 50.1% of GEHC’s average daily volume of 2.4 million shares for the past month. The $85 strike call option expiring on January 17, 2025, is particularly active, with 3,684 contracts traded, indicating approximately 368,400 shares. Below is the chart showing GEHC’s trading history, with the $85 strike option highlighted:
International Business Machines Corp (IBM) Experiences Significant Contracts
Additionally, International Business Machines Corp (Symbol: IBM) has seen an options volume of 19,050 contracts today, which is approximately 1.9 million underlying shares. This accounts for about 41.2% of IBM’s average daily trading volume of 4.6 million shares over the past month. The $217.50 strike call option set to expire on November 08, 2024, has also garnered attention with 2,005 contracts traded, representing around 200,500 shares. Below is IBM’s trading history chart featuring the $217.50 strike:
For more information regarding the various option expirations available for MNST, GEHC, or IBM, you can visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Technology Dividend Stock List
- GOAC shares outstanding history
- CQP Insider Buying
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
