Spike in Options Trading: Corning, Applied Materials, and United Airlines in Focus
Recent options trading data reveals significant activity in multiple S&P 500 companies, highlighted by Corning Inc (Symbol: GLW) attracting attention today.
Corning Inc (GLW) has experienced a total trading volume of 69,147 contracts today, equating to roughly 6.9 million underlying shares. This volume represents 136.7% of GLW’s average daily trading volume of 5.1 million shares over the past month. Notably, the $37 strike call option, set to expire on November 15, 2024, accounted for 16,201 contracts traded, which reflects approximately 1.6 million underlying shares of GLW. Below is a chart displaying GLW’s trading history over the past year, with the $37 strike highlighted in orange:
Applied Materials, Inc. (Symbol: AMAT) also saw notable activity with 39,477 contracts traded, representing about 3.9 million underlying shares. This figure constitutes approximately 67.1% of AMAT’s average daily trading volume of 5.9 million shares over the last month. The $195 strike call option, set to expire on November 15, 2024, was particularly active with 2,850 contracts traded, translating to around 285,000 underlying shares of AMAT. Here’s a chart showcasing AMAT’s trading history, with the $195 strike highlighted in orange:
United Airlines Holdings Inc (Symbol: UAL) has reported a trading volume of 40,681 contracts today, which correlates to approximately 4.1 million underlying shares. This volume equals about 56.2% of UAL’s average daily trading volume of 7.2 million shares in the past month. The $92.50 strike put option, expiring on December 20, 2024, showed particularly high activity with 4,151 contracts traded, representing around 415,100 underlying shares of UAL. Below is a chart detailing UAL’s trading activity for the past twelve months, with the $92.50 strike highlighted in orange:
For any available expirations for GLW, AMAT, or UAL options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Additional Resources:
- Energy Dividend Stock List
- BCC Dividend History
- Institutional Holders of CFVI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
