Surge in Options Trading: Key Moves from Bruker, Macy’s, and Palantir

Today’s options trading across the Russell 3000 index reveals significant activity, particularly in Bruker Corp (Symbol: BRKR), Macy’s Inc (Symbol: M), and Palantir Technologies Inc (Symbol: PLTR). Each company is seeing options volumes that exceed typical daily averages.

Bruker Corp (BRKR) Options Activity

In Bruker Corp, a total of 10,417 contracts have traded today. This volume indicates roughly 1.0 million underlying shares, equivalent to 77.9% of BRKR’s average daily trading volume of 1.3 million shares over the past month. Notably, the $55 strike put option expiring on December 20, 2024, has attracted particular interest, with 5,185 contracts exchanging hands, representing around 518,500 underlying shares. Below is a chart that displays BRKR’s trading history for the past twelve months, highlighting the $55 strike in orange:

Macy’s Inc (M) Shows Strong Options Demand

Macy’s options trading has been robust, with 35,824 contracts traded today. This figure reflects about 3.6 million underlying shares, which is 75.8% of M’s average daily trading volume of 4.7 million shares for the past month. The $16.50 strike call option expiring on November 22, 2024, led the activity with 13,169 contracts traded, equating to about 1.3 million underlying shares. Below is the chart of M’s trading history over the past twelve months, featuring the $16.50 strike in orange:

Palantir Technologies Inc (PLTR) Sees Massive Volume

For Palantir, options trading has reached 485,343 contracts today. This amounts to approximately 48.5 million underlying shares, representing 75.7% of PLTR’s average daily trading volume of 64.1 million shares over the prior month. The $58 strike put option that expires on November 15, 2024, stands out with 34,753 contracts traded, equivalent to about 3.5 million underlying shares. Here is the chart illustrating PLTR’s trading activity in the past year, with the $58 strike option highlighted:

Explore More Options

For further information regarding available expirations for options on BRKR, M, or PLTR, visit StockOptionsChannel.com.

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

Also see:

• AGO Past Earnings
• PTN Historical Stock Prices
• VLRS Price Target

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