Options Trading Surge: Celanese, CrowdStrike, and Caesars Take Center Stage

Increasing trading volumes are drawing attention to notable players in the S&P 500 today.

Among the underlying components of the S&P 500 index, Celanese Corp (Symbol: CE) is seeing significant options trading activity. A total of 44,070 contracts have changed hands so far today, equating to around 4.4 million underlying shares. This figure represents an impressive 153.8% of CE’s average daily trading volume over the past month, which sits at 2.9 million shares. The $70 strike put option, expiring on January 17, 2025, stands out with 22,905 contracts trading today, or approximately 2.3 million underlying shares of CE. Below is a chart illustrating CE’s trading history over the past year, with the $70 strike highlighted in orange:

Turning to CrowdStrike Holdings Inc (Symbol: CRWD), the company has recorded options trading volume of 30,295 contracts, which corresponds to about 3.0 million underlying shares and represents roughly 70.4% of CRWD’s average daily trading volume for the month of 4.3 million shares. Notably, the $560 strike call option, expiring on March 21, 2025, has attracted considerable interest, with 2,743 contracts trading today, translating to around 274,300 underlying shares. The following chart showcases CRWD’s trading activity over the last year, featuring the $560 strike in orange:

Caesars Entertainment Inc (Symbol: CZR) has also experienced a lively trading day, with a volume of 24,177 contracts, representing about 2.4 million underlying shares. This figure makes up roughly 62% of CZR’s average daily trading volume during the past month, which is noted at 3.9 million shares. Particularly active is the $35 strike call option, set to expire on January 17, 2025, with 10,094 contracts trading today—equating to about 1.0 million underlying shares. A chart displaying CZR’s trading history for the last twelve months, with the $35 strike underscored in orange, is provided below:

For information on available expirations for options on CE, CRWD, or CZR, visit StockOptionsChannel.com.

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

Additional Information:

• EMPW shares outstanding history
• MGPI Options Chain
• ETFs Holding ACHC

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