HomeMarket NewsSignificant Thursday Options Movement: ITT, DXC, NOW

Significant Thursday Options Movement: ITT, DXC, NOW

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Options Trading Activity Surges for ITT, DXC, and ServiceNow

Significant Volume in ITT Options Signals Investor Interest

Among the components of the Russell 3000 index, ITT Inc (Symbol: ITT) stands out today. A total of 1,756 contracts have been traded so far, which corresponds to about 175,600 underlying shares. This trading activity represents approximately 58.2% of ITT’s average daily trading volume of 301,525 shares over the past month. Notably, the $140 strike put option expiring on January 17, 2025, has seen particularly high activity, with 544 contracts traded, equating to around 54,400 underlying shares. Below is a chart illustrating ITT’s trading history for the last twelve months, with the $140 strike clearly marked in orange:

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DXC Technology Sees Increased Options Volume

DXC Technology Co (Symbol: DXC) has also experienced a notable uptick in options trading, with 5,462 contracts changing hands today. This figure translates to approximately 546,200 underlying shares, making up about 58.1% of the company’s average daily trading volume of 940,475 shares for the past month. The $22 strike put option expiring on December 20, 2024, has been particularly active, yielding 3,631 contracts today, or about 363,100 underlying shares. Below is a chart showcasing the trailing twelve months of DXC’s trading activity, featuring the $22 strike in orange:

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ServiceNow Options Volume Reflects Growing Interest

ServiceNow Inc (Symbol: NOW) also reported strong options trading today, with a total of 7,079 contracts, representing about 707,900 underlying shares. This figure accounts for approximately 58% of NOW’s average daily volume of 1.2 million shares over the last month. The $1090 strike put option expiring on January 17, 2025, recorded high activity as well, with 982 contracts traded, indicating around 98,200 underlying shares. Below is a chart illustrating NOW’s trading history over the past year, with the $1090 strike highlighted in orange:

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To explore the various available expirations for options on ITT, DXC, or NOW, visit StockOptionsChannel.com.

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

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

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