High Options Trading Activity Observed in Major S&P 500 Companies

Today’s trading volume reveals significant options activity in Chipotle Mexican Grill Inc (Symbol: CMG), Applied Materials, Inc. (Symbol: AMAT), and McDonald’s Corp (Symbol: MCD).

Chipotle Mexican Grill at the Forefront

Chipotle Mexican Grill Inc witnessed impressive options trading, with a total of 36,265 contracts exchanged, equating to around 3.6 million underlying shares. This figure represents about 48.1% of CMG’s average daily trading volume of 7.5 million shares over the past month. Notably, the $51 strike put option set to expire on February 14, 2025, saw high interest, with 9,362 contracts traded today, corresponding to around 936,200 underlying shares. Below is a chart illustrating CMG’s trading history over the last twelve months, highlighting the $51 strike in orange:

Applied Materials Shows Strong Activity

Applied Materials, Inc. experienced options trading volume of 30,190 contracts, representing approximately 3.0 million shares, or about 46.5% of its average daily trading volume of 6.5 million shares over the past month. The $180 strike call option expiring on January 17, 2025, was particularly active, with 1,332 contracts trading today, equal to roughly 133,200 underlying shares. Below is a chart showing AMAT’s trailing twelve-month trading activity, with the $180 strike emphasized in orange:

McDonald’s Options Volume Update

McDonald’s Corp recorded a trading volume of 13,391 contracts today, representing approximately 1.3 million shares, or around 46.3% of MCD’s average daily trading volume of 2.9 million shares over the last month. There was significant activity in the $300 strike call option expiring on January 10, 2025, with 2,054 contracts trading, equating to about 205,400 underlying shares. Below is the chart depicting MCD’s trading history for the past twelve months, with the $300 strike highlighted in orange:

For various expiration options available for CMG, AMAT, or MCD, visit StockOptionsChannel.com.

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

Explore Additional Insights:

• Institutional Holders of BDRX
• ETFs Holding KFY
• Funds Holding STAB

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