Significant Spike in Options Trading for Key S&P 500 Stocks
Today’s options trading activity revealed substantial volumes among several S&P 500 companies, particularly lululemon athletica inc (Symbol: LULU). A total of 139,786 contracts have been traded, signifying approximately 14.0 million underlying shares. This figure represents about 768.7% of LULU’s average daily trading volume over the past month, which stands at 1.8 million shares. Notably, the $290 strike put option set to expire on March 28, 2025, saw heightened interest, with 11,669 contracts traded today, equating to roughly 1.2 million underlying shares. Below, you can see LULU’s trailing twelve-month trading history, with the $290 strike highlighted in orange:
NVIDIA Corp (Symbol: NVDA) also experienced robust options trading, with a volume of 2.7 million contracts today. This translates to approximately 273.6 million underlying shares, which is around 90.6% of NVDA’s average daily trading volume over the past month (302.0 million shares). Particularly notable was the volume for the $110 strike call option set to expire on March 28, 2025, which recorded 140,550 contracts traded, representing about 14.1 million underlying shares. Below is NVDA’s trailing twelve-month trading history, with the $110 strike highlighted in orange:
Similarly, options for Target Corp (Symbol: TGT) showed significant trading activity, with 53,536 contracts changing hands so far today. This represents approximately 5.4 million underlying shares and constitutes a notable 58.3% of TGT’s average daily trading volume over the past month, which is 9.2 million shares. The $105 strike call option expiring on March 28, 2025, saw particularly high volume with 6,633 contracts traded, equating to about 663,300 underlying shares. Below is TGT’s trailing twelve-month trading history, with the $105 strike highlighted in orange:
For additional details on various expiration dates for LULU, NVDA, or TGT options, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
also see:
- Top Stocks Held By Ray Dalio
- SKYW Insider Buying
- MPSX Options Chain
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
