Surge in Options Trading for Disney, PayPal, and Goldman Sachs
Today, options trading activity has spiked for several major companies within the Russell 3000 index, particularly Walt Disney Co., PayPal Holdings Inc., and Goldman Sachs Group Inc.
Walt Disney Co. Options Volume Soars
In the case of Walt Disney Co. (Symbol: DIS), trading volume reached 55,453 contracts today, translating to about 5.5 million underlying shares. This volume accounts for approximately 66.1% of DIS’s average daily trading volume over the prior month of 8.4 million shares. Notably, the $114 strike call option set to expire on December 27, 2024, has seen particularly high interest, with 21,544 contracts traded, which is around 2.2 million underlying shares of DIS. Below is a chart illustrating DIS’s trading history over the past twelve months, with the highlighted strike price shown in orange:
PayPal Holdings Options Gain Traction
PayPal Holdings Inc. (Symbol: PYPL) has also experienced robust options trading, with a volume of 53,359 contracts, representing around 5.3 million underlying shares. This figure corresponds to 63.3% of PYPL’s average daily trading volume over the past month, which is 8.4 million shares. The $90 strike call option expiring on December 27, 2024, has drawn notable attention, with 7,613 contracts traded so far today, equal to roughly 761,300 underlying shares of PYPL. Here’s a chart showing PYPL’s twelve-month trading history, with the significant strike marked in orange:
Goldman Sachs Group Shows Strong Options Interest
Goldman Sachs Group Inc. (Symbol: GS) reported a trading volume of 12,464 contracts today, which equals about 1.2 million underlying shares. This volume stands at 63.1% of GS’s average daily trading volume for the past month, which is 2.0 million shares. Particularly high trading was noted for the $585 strike call option set to expire on December 27, 2024, with 857 contracts traded today, equating to roughly 85,700 underlying shares of GS. Below is a chart reflecting GS’s trading history over the last twelve months, with the $585 strike highlighted in orange:
Explore More Options Opportunities
If you’re interested in discovering further options expirations available for DIS, PYPL, or GS, head over to StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Additional Resources:
- CPGX Options Chain
- Institutional Holders of LBAY
- Top Ten Hedge Funds Holding OPPX
The views and opinions expressed herein are the author’s and do not necessarily reflect those of Nasdaq, Inc.
