Increased Options Trading Activity: Albemarle, ServiceNow, and Discover Financial
Today’s options trading activity in key S&P 500 components reveals significant movements, particularly in Albemarle Corp. (Symbol: ALB). So far, ALB has recorded a trading volume of 31,362 contracts, equating to about 3.1 million underlying shares. This volume represents approximately 82% of ALB’s average daily trading volume of 3.8 million shares over the past month. Notably, the $50 strike put option expiring June 20, 2025, is experiencing particularly high interest, with 9,818 contracts traded, translating to about 981,800 underlying shares of ALB. The chart below highlights ALB’s trailing twelve-month trading history, with the $50 strike marked in orange:
ServiceNow Inc. (Symbol: NOW) also saw a burst of options trading, totaling 13,279 contracts, which represents roughly 1.3 million underlying shares or about 64.4% of NOW’s average daily trading volume of 2.1 million shares over the last month. The $960 strike call option expiring May 16, 2025, attracted attention, with 5,018 contracts traded today, indicating approximately 501,800 underlying shares of NOW. The following chart showcases NOW’s trailing twelve-month trading history, with the $960 strike highlighted in orange:
Discover Financial Services (Symbol: DFS) also drew considerable interest, with an options trading volume of 11,714 contracts, representing about 1.2 million underlying shares. This is approximately 52.8% of DFS’s average daily trading volume of 2.2 million shares for the past month. In particular, the $155 strike put option expiring May 16, 2025, saw significant volume with 4,893 contracts traded, equivalent to roughly 489,300 underlying shares of DFS. Below is a chart displaying DFS’s trailing twelve-month trading history, with the $155 strike highlighted:
For additional information on various available expirations for options related to ALB, NOW, or DFS, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
also see:
- PCT shares outstanding history
- Funds Holding FRN
- Institutional Holders of CNP
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
