HomeMarket NewsSignificant Friday Options Trading Patterns: BAC, BX, SBUX

Significant Friday Options Trading Patterns: BAC, BX, SBUX

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Options Trading Sees Strong Activity in Major Russell 3000 Stocks

Bank of America Sees Significant Call Option Interest

Today, Bank of America Corp (Symbol: BAC) has exhibited notable options trading activity. So far, 175,259 contracts have been traded, reflecting approximately 17.5 million underlying shares since each contract covers 100 shares. This figure represents 47.6% of BAC’s average daily trading volume of 36.8 million shares over the past month. The $50 strike call option set to expire on February 21, 2025, has particularly drawn attention, with 14,496 contracts traded today, which translates to approximately 1.4 million underlying shares. Below is the chart depicting BAC’s trailing twelve-month trading history, with the $50 strike highlighted in orange:

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Blackstone Inc Shows Elevated Put Option Volume

Blackstone Inc (Symbol: BX) has reported an impressive options volume of 14,965 contracts today, equating to approximately 1.5 million underlying shares. This figure represents 46.7% of BX’s average daily trading volume of 3.2 million shares for the past month. The $177.50 strike put option expiring on November 29, 2024, is particularly active, with 2,656 contracts traded today, accounting for about 265,600 underlying shares. Below is the chart showcasing BX’s trailing twelve-month trading history, with the $177.50 strike highlighted in orange:

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Starbucks Options Activity Reflects Strong Volume

Starbucks Corp. (Symbol: SBUX) is also witnessing substantial options trading today, with 39,425 contracts exchanged, representing approximately 3.9 million underlying shares. This volume corresponds to 46.6% of SBUX’s average daily trading volume of 8.5 million shares over the last month. Notably, the $99 strike put option set to expire on November 15, 2024, has attracted significant interest, with 3,715 contracts traded today, translating to about 371,500 underlying shares. Below is the chart detailing SBUX’s trailing twelve-month trading history, with the $99 strike highlighted in orange:

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For details on various available expirations for BAC, BX, or SBUX options, visit StockOptionsChannel.com.

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

Also see:
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  • KGS Dividend History
  • Top Ten Hedge Funds Holding HPX

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

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