Surge in Options Trading: Dell, Gap, and T-Mobile Make Headlines

Options trading saw significant activity in several major companies today, with Dell Technologies, Gap Inc, and T-Mobile US striking a chord among investors.

Dell Technologies Experiences High Call Volume

Dell Technologies Inc (Symbol: DELL) is witnessing impressive options trading. A total of 46,834 contracts has changed hands today, which translates to about 4.7 million underlying shares, as each contract represents 100 shares. This volume accounts for approximately 53.5% of DELL’s average daily trading volume of 8.8 million shares over the past month. Notably, there has been strong interest in the $125 strike call option set to expire on February 28, 2025, with 2,492 contracts traded so far, representing around 249,200 underlying shares. Below is a chart illustrating DELL’s trading history over the past twelve months, with the $125 strike highlighted in orange:

Gap Inc’s Options Show Significant Activity

Gap Inc (Symbol: GAP) is also seeing busy options trading, with 23,110 contracts executed today. This represents about 2.3 million underlying shares, making up roughly 49.5% of GAP’s average daily trading volume of 4.7 million shares in the past month. The $23 strike call option, which expires on March 07, 2025, is particularly hot, recording 7,362 contracts traded so far, indicating around 736,200 underlying shares. Below is the chart showing GAP’s trading activity over the last twelve months, with the $23 strike marked in orange:

T-Mobile US Options Trading on the Rise

T-Mobile US Inc (Symbol: TMUS) is not far behind in options trading, with 18,856 contracts traded, equating to about 1.9 million underlying shares. This volume represents approximately 48.4% of TMUS’s average daily trading volume of 3.9 million shares over the past month. A standout is the $275 strike call option expiring on February 28, 2025, which has drawn 4,156 contracts so far, covering around 415,600 underlying shares. Below is the chart representing TMUS’s trading history over the previous twelve months, highlighted with the $275 strike in orange:

For more information on available option expirations for DELL, GAP, or TMUS, please visit StockOptionsChannel.com.

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

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