Significant Options Trading Activity in S&P 500 Components
On [insert date], McDonald’s Corp (MCD) recorded a notable trading volume of 17,933 options contracts, equating to approximately 1.8 million shares, which is 65.6% of its average daily volume of 2.7 million shares. The $312.50 strike call option with an expiry of June 13, 2025, saw 876 contracts traded today, representing about 87,600 underlying shares.
Micron Technology Inc. (MU) also experienced high trading activity, with 114,865 contracts traded, amounting to approximately 11.5 million shares or 59.5% of its monthly average volume of 19.3 million shares. The $140 strike call option expiring August 15, 2025, had 5,101 contracts traded today, covering approximately 510,100 underlying shares.
Paychex Inc (PAYX) saw a trading volume of 8,253 contracts today, which represents around 825,300 underlying shares, or 56.9% of its average daily volume of 1.4 million shares. The $160 strike put option with an expiry of July 18, 2025, had 4,023 contracts traded, representing approximately 402,300 shares.
