Highlighted Thursday Options Activity: FMC, ALGN, SLB

Avatar photo

Surge in Options Trading: FMC, Align Technology, and Schlumberger Stand Out

Today’s options trading activity among S&P 500 companies highlights significant engagements, particularly for FMC Corp., Align Technology Inc., and Schlumberger Ltd.

FMC Corp. Sees Strong Options Activity

FMC Corp. (Symbol: FMC) is experiencing notable options trading, with 6,500 contracts exchanged today. This volume equates to approximately 650,000 underlying shares, representing 48.4% of the company’s average daily trading volume of 1.3 million shares over the last month. A remarkable spike was noted for the $42.50 strike put option that expires on October 17, 2025, with 2,520 contracts traded today, translating to about 252,000 underlying shares. Below is a chart illustrating FMC’s trailing twelve-month trading history, with the $42.50 strike marked in orange:

FMC Trading Chart — 2024 TickerTech.com

Align Technology Inc. Posts Strong Contract Volume

Align Technology Inc. (Symbol: ALGN) has recorded a trading volume of 3,145 contracts today, which corresponds to about 314,500 underlying shares. This volume represents a notable 46.4% of ALGN’s average daily trading volume of 677,860 shares over the past month. The $210 strike put option expiring January 17, 2025, saw high interest, with 512 contracts traded, representing approximately 51,200 underlying shares. Below is a chart of ALGN’s trailing twelve-month trading history, highlighting the $210 strike:

ALGN Trading Chart — 2024 TickerTech.com

Schlumberger Ltd. Experiences High Volume in Options

Schlumberger Ltd. (Symbol: SLB) is witnessing significant options trading, with a total of 45,488 contracts traded today. This figure represents about 4.5 million underlying shares, which is approximately 42.3% of SLB’s average daily trading volume of 10.8 million shares over the last month. The $47.50 strike call option set to expire on August 15, 2025, had a particularly intense trading session, with 10,038 contracts exchanged, equating to about 1 million underlying shares. Below is SLB’s trailing twelve-month trading history with the $47.50 strike highlighted:

SLB Trading Chart — 2024 TickerTech.com

For more details on available expirations for options on FMC, ALGN, or SLB, visit StockOptionsChannel.com.

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

Also see:
  • ATRO Insider Buying
  • GRP Videos
  • Top Ten Hedge Funds Holding GLMD

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

The free Daily Market Overview 250k traders and investors are reading

Read Now