Significant Surge in Options Trading for Major Companies
Options Activity Snapshot: GE Vernova, McDonald’s, and PROCEPT BioRobotics
Today, options trading is bustling among stocks in the Russell 3000 index. GE Vernova Inc (Symbol: GEV) has attracted attention with a total trading volume of 24,195 contracts. This figure translates to about 2.4 million underlying shares, considering each contract represents 100 shares. Notably, this volume represents 60.1% of GEV’s average daily trading volume of 4.0 million shares over the past month. Interest peaked with the $340 strike put option set to expire on March 21, 2025, where 2,371 contracts, or approximately 237,100 underlying shares, have traded. The chart below illustrates GEV’s trading history, highlighting the $340 strike in orange:
McDonald’s Corp (Symbol: MCD) also saw robust options trading, with 19,377 contracts exchanged today, equating to roughly 1.9 million underlying shares. This volume constitutes 59.9% of MCD’s average daily trading volume of 3.2 million shares from the past month. Particularly active was the $305 strike call option, expiring on February 21, 2025, where 2,524 contracts, representing about 252,400 shares, changed hands. Below is MCD’s trading chart with the $305 strike highlighted:
Additionally, PROCEPT BioRobotics Corp (Symbol: PRCT) reported an options trading volume of 4,628 contracts, equivalent to approximately 462,800 underlying shares. This volume accounts for 59.2% of PRCT’s average daily trading volume of 781,880 shares in the last month. Significant activity was noted for the $60 strike put option, set to expire on March 21, 2025, with 2,152 contracts traded, representing around 215,200 underlying shares. The following chart depicts PRCT’s trading history, highlighting the $60 strike:
For more information on the variety of available expirations for options on GEV, MCD, or PRCT, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- FOSL Insider Buying
- Funds Holding POWA
- AGS Stock Predictions
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
