Significant Tuesday Options Activity: TSN, ENPH, CRM Highlights

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Tyson Foods, Enphase Energy, and Salesforce Attract Significant Options Trading Today

In the world of the S&P 500 index, several companies are standing out today due to high options trading volumes. Notably, Tyson Foods Inc (Symbol: TSN) has seen impressive activity, with 11,802 contracts traded. This figure translates to approximately 1.2 million underlying shares, accounting for around 61.4% of TSN’s average daily trading volume of 1.9 million shares over the past month. The $65 strike call option expiring on November 15, 2024, drew particular attention, with 2,563 contracts traded—equating to about 256,300 underlying shares from TSN. Below is a chart showing TSN’s twelve-month trading history, highlighting the $65 strike in orange:

Loading chart — 2024 TickerTech.com

Enphase Energy Inc. (Symbol: ENPH) is another company witnessing heightened options trading, with a total of 38,875 contracts exchanged today. This volume represents roughly 3.9 million underlying shares, a significant 59.3% of ENPH’s average daily trading volume of 6.6 million shares for the past month. The $120 strike call option, set to expire on January 16, 2026, has garnered attention, with 1,482 contracts traded, indicating about 148,200 underlying shares of ENPH. Here is a chart illustrating ENPH’s trading history over the last twelve months, with the $120 strike highlighted:

Loading chart — 2024 TickerTech.com

Finally, Salesforce Inc (Symbol: CRM) options are also seeing substantial activity, with 26,293 contracts traded so far today. This amount corresponds to approximately 2.6 million underlying shares, equaling about 57.6% of CRM’s average daily volume of 4.6 million shares over the last month. The $350 strike call option, expiring on November 15, 2024, recorded high volume, with 1,840 contracts traded, representing approximately 184,000 underlying shares of CRM. Below is a chart of CRM’s trailing twelve-month trading history, with the $350 strike emphasized:

Loading chart — 2024 TickerTech.com

For additional information on the various options available for TSN, ENPH, or CRM, visit StockOptionsChannel.com.

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

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

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