Surge in Options Trading for AMC, PENN, and Exxon Mobil

High Volume Indicates Investor Interest Across Key Stocks

Today, significant options trading activity was recorded among the stocks in the Russell 3000 index, particularly for AMC Entertainment Holdings Inc. (Symbol: AMC). So far, 53,591 options contracts have changed hands, which corresponds to about 5.4 million shares underlying these contracts. This volume represents approximately 46.1% of AMC’s average daily trading volume over the past month, which has been 11.6 million shares. A standout option was the $3.50 strike call, set to expire on January 31, 2025, where 5,625 contracts—equating to around 562,500 shares—have traded today. The chart below illustrates AMC’s trading history for the last twelve months, with the $3.50 strike highlighted in orange:

In a similar vein, PENN Entertainment Inc. (Symbol: PENN) logged an options trading volume of 24,743 contracts, which translates to about 2.5 million underlying shares. This figure is approximately 43.6% of PENN’s average daily trading volume of 5.7 million shares over the past month. Particularly noteworthy was the $23 strike call option expiring on February 28, 2025, with 4,587 contracts having traded, representing about 458,700 underlying shares. The chart for PENN’s trailing twelve-month trading history shows the highlighted $23 strike:

Lastly, Exxon Mobil Corp (Symbol: XOM) experienced robust options trading with 64,248 contracts exchanged, amounting to around 6.4 million underlying shares. This represents approximately 43.3% of XOM’s average daily trading volume of 14.8 million shares over the past month. A notable call option was the $115 strike expiring on February 21, 2025, where 5,385 contracts have traded, equating to about 538,500 underlying shares. The chart below illustrates XOM’s trading history for the last twelve months, highlighting the $115 strike:

For additional information on available expirations for AMC, PENN, or XOM options, visit StockOptionsChannel.com.

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

Other Resources:

• Consumer Services Dividend Stock List
• HOG Stock Predictions
• Institutional Holders of TELL

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