Significant Options Trading Activity Observed in Major Companies

Today, notable options trading was recorded among companies in the Russell 3000 index, highlighting movements in United Airlines, 3M Co, and Enphase Energy.

Among the components of the Russell 3000 index, United Airlines Holdings Inc (Symbol: UAL) experienced remarkable options trading with a total of 21,367 contracts, reflecting about 2.1 million underlying shares. This figure represents approximately 43.1% of UAL’s average daily trading volume of 5.0 million shares over the past month. The $95 strike put option, set to expire on January 17, 2025, attracted increased attention with 2,558 contracts traded today, equating to about 255,800 underlying shares of UAL. Below is a chart illustrating UAL’s trading history over the last twelve months, with the $95 strike option marked in orange:

3M Co (Symbol: MMM) also showed significant options trading today, with 12,137 contracts exchanged, representing roughly 1.2 million underlying shares, or about 42.9% of MMM’s average daily trading volume of 2.8 million shares during the past month. The $135 strike call option, expiring on December 20, 2024, saw a high trading volume of 2,669 contracts today, corresponding to around 266,900 underlying shares of MMM. The following chart displays the trading history for MMM over the past twelve months, highlighting the $135 strike option in orange:

Moreover, Enphase Energy Inc. (Symbol: ENPH) noted options trading activity of 18,583 contracts, equivalent to approximately 1.9 million underlying shares, or about 42.6% of ENPH’s monthly average daily trading volume of 4.4 million shares. Notable volume was recorded for the $75 strike call option expiring on December 13, 2024, with 1,971 contracts traded today, representing around 197,100 underlying shares of ENPH. Below is the chart demonstrating ENPH’s trading history for the past twelve months, with the $75 strike highlighted in orange:

To explore the various expirations for options on UAL, MMM, and ENPH, visit StockOptionsChannel.com.

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

Also see:

• Preferred Stock List
• ONEW Videos
• WAVX Videos

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