Surge in Options Trading for Major Companies Today

Investors are closely monitoring unusual options trading activity today among key players in the S&P 500 index.

Apple Inc. (AAPL) Sees Significant Volume

In the bustling market, Apple Inc. (Symbol: AAPL) stands out with a total trading volume of 406,849 contracts today. This translates to about 40.7 million underlying shares, since each contract represents 100 shares. Notably, this volume accounts for 66.6% of AAPL’s average daily trading volume of 61.1 million shares over the last month. A spike in activity is particularly evident in the $235 strike call option set to expire on February 07, 2025, where 27,368 contracts have changed hands today, corresponding to roughly 2.7 million underlying shares of AAPL. Below is a chart depicting AAPL’s trading history over the past twelve months, with the highlighted $235 strike shown in orange:

ServiceNow Inc. (NOW) Options Trading Activity

Turning to ServiceNow Inc. (Symbol: NOW), there have been 11,099 contracts traded today. This volume reflects approximately 1.1 million underlying shares, constituting 61.1% of NOW’s average daily trading volume of 1.8 million shares over the past month. A notable increase in trading was observed for the $1000 strike put option expiring on February 07, 2025, with 5,500 contracts exchanged, representing about 550,000 underlying shares. The chart below illustrates NOW’s trailing twelve-month trading history, with the relevant $1000 strike highlighted in orange:

Axon Enterprise Inc. (AXON) Shows Increased Options Volume

Lastly, Axon Enterprise Inc. (Symbol: AXON) recorded a trading volume of 3,177 contracts today, which represents about 317,700 underlying shares. This amount corresponds to 53.3% of AXON’s average daily trading volume of 595,890 shares over the last month. The $580 strike put option expiring March 21, 2025, has also seen substantial trade, with 1,222 contracts exchanged today, equating to approximately 122,200 underlying shares of AXON. Below is a chart highlighting AXON’s trading history over the past year, featuring the $580 strike in orange:

For further details on different available expirations for AAPL, NOW, or AXON options, visit StockOptionsChannel.com.

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

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