PepsiCo, Crane Co, and Kraft Heinz Experience Significant Options Trading Today
PepsiCo Sees Heavy Call Option Activity
Among the components of the Russell 3000 index, PepsiCo Inc (Symbol: PEP) recorded impressive options trading volume today. A total of 34,336 contracts have changed hands, which translates to about 3.4 million underlying shares. This figure represents approximately 61.3% of PEP’s average daily trading volume of 5.6 million shares over the past month. Notably, the $165 strike call option expiring on November 29, 2024, accounted for a significant portion of this activity, with 16,314 contracts traded, equating to around 1.6 million underlying shares. Below is a chart showing PEP’s trading history over the past twelve months, with the $165 strike highlighted in orange:
Crane Co Experiences Moderate Options Trading
Crane Co (Symbol: CR) also saw notable options trading volume today with 1,603 contracts, representing approximately 160,300 underlying shares. This volume constitutes about 57.3% of CR’s average daily trading volume of 279,665 shares over the past month. The $175 strike call option expiring on December 20, 2024, drew special interest, as 800 contracts traded, covering around 80,000 underlying shares. Below is a chart illustrating CR’s trading history for the past twelve months, highlighting the $175 strike in orange:
Kraft Heinz Experiences High Trading Volume
Kraft Heinz Co (Symbol: KHC) reported an impressive trading volume of 57,518 contracts today, which corresponds to approximately 5.8 million underlying shares. This figure is about 57.1% of KHC’s average daily trading volume of 10.1 million shares over the past month. The most active option was the $31.50 strike call expiring on November 29, 2024, with 17,393 contracts traded, representing about 1.7 million underlying shares. Below is a chart depicting KHC’s trading history over the last twelve months, with the $31.50 strike highlighted in orange:
For additional details on the available expirations for options on PEP, CR, or KHC, visit StockOptionsChannel.com.
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