Active Options Trading: Insights on Visa, GM, and PayPal
Today’s trading session featured notable options activity for several companies in the S&P 500 index. High volumes in the options market for Visa Inc (Symbol: V), General Motors Co (Symbol: GM), and PayPal Holdings Inc (Symbol: PYPL) highlight investor interest and market dynamics.
Visa Inc (V) Sees Significant Options Volume
Visa Inc has experienced heavy options trading today, with a total of 26,701 contracts exchanged, translating to about 2.7 million underlying shares. This figure accounts for around 46.6% of V’s average daily trading volume of 5.7 million shares over the past month. The most activity centered around the $312.50 strike call option, expiring on November 22, 2024, with 17,839 contracts traded, representing approximately 1.8 million underlying shares. Below is a chart depicting V’s trailing twelve-month trading history, illustrating the $312.50 strike in orange:
General Motors Co (GM) Options Activity Spikes
General Motors Co has recorded a trading volume of 49,538 options contracts today, equating to about 5.0 million underlying shares. This represents roughly 42.1% of GM’s average daily trading volume of 11.8 million shares over the past month. The $55 strike put option, set to expire on January 17, 2025, has drawn particular attention, with 5,136 contracts traded, representing around 513,600 underlying shares. Below is a chart showing GM’s trading history, with the $55 strike highlighted in orange:
PayPal Holdings Inc (PYPL) Experiences Active Trading
PayPal Holdings Inc has seen a robust options trading volume of 49,254 contracts, which corresponds to approximately 4.9 million underlying shares. This volume represents about 42% of PYPL’s average daily trading volume of 11.7 million shares over the last month. The $87 strike call option, expiring on November 22, 2024, has garnered particular attention, with 7,185 contracts traded, amounting to roughly 718,500 underlying shares. Below is a chart that details PYPL’s trading history, highlighting the $87 strike in orange:
For more information on available expirations for V, GM, and PYPL options, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Institutional Holders of ITEC
- CNXA YTD Return
- MOND market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
