On October 11, 2023, notable options trading activity was observed in several companies within the S&P 500 index. IQVIA Holdings Inc (Symbol: IQV) saw 64,971 contracts traded, amounting to about 6.5 million underlying shares, which is 268.1% of its average daily volume of 2.4 million shares. The most significant activity was for the $140 strike put option expiring July 18, 2025, with 32,308 contracts traded.
Palo Alto Networks, Inc (Symbol: PANW) had 42,002 contracts traded, equating to approximately 4.2 million underlying shares or 89.4% of its average daily volume of 4.7 million shares. The $210 strike call option expiring August 15, 2025, saw the highest volume with 16,484 contracts traded.
United Airlines Holdings Inc (Symbol: UAL) recorded 38,253 contracts traded, representing about 3.8 million underlying shares, which is 53.1% of its average daily volume of 7.2 million shares. The $90 strike call option expiring August 15, 2025, had the highest volume with 10,526 contracts traded.
