Surge in Options Trading: Key Activity in Avery Dennison, Morgan Stanley, and Caesars Entertainment

Today’s trading activity is buzzing with significant options movements among S&P 500 companies.

Avery Dennison Corp Sees Major Options Volume

Avery Dennison Corp (Symbol: AVY) is making waves in options trading today, with a total of 8,482 contracts exchanged. This volume translates to around 848,200 underlying shares, which is a notable 146.9% of AVY’s recent average daily trading volume of 577,410 shares. The standout here is the $175 strike put option, expiring on February 21, 2025, which has garnered 4,241 contracts—representing about 424,100 underlying shares. Below is AVY’s trading history over the past twelve months, featuring the highlighted $175 strike:

Morgan Stanley Options Generate High Trading Activity

In a similar vein, Morgan Stanley (Symbol: MS) has also recorded significant options trading, with 46,017 contracts traded today. This figure represents about 4.6 million underlying shares, equating to a robust 76.7% of the average daily volume of 6.0 million shares for the past month. The $150 strike call option, due to expire on March 21, 2025, is notable, having generated 3,055 contracts, or approximately 305,500 underlying shares. Below is the trading history for MS, showcasing the $150 strike:

Caesars Entertainment Reports Surging Options Volume

Caesars Entertainment Inc (Symbol: CZR) is another player in today’s bustling options market, with trading volume reaching 31,766 contracts. This accounts for approximately 3.2 million underlying shares, or about 69% of CZR’s 4.6 million average daily trading volume over the last month. The $35 strike put option, expiring on January 17, 2025, led the activity with 8,040 contracts traded, reflecting around 804,000 underlying shares. Below is CZR’s twelve months trading history, featuring the $35 strike:

For further information on the available expirations for AVY, MS, or CZR options, check out StockOptionsChannel.com.

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

Additional Resources:

• Best High Yield Stocks
• Institutional Holders of IWD
• CHMG Next Dividend Date

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