Options trading volume surged for several S&P 500 components on October 11, 2023. Ansys Inc. (ANSS) had 2,905 contracts traded, equating to approximately 290,500 shares, or 49.7% of its average daily volume of 584,055. A significant focus was on the $360 strike put option expiring on October 17, 2025, which saw 1,427 contracts exchanged, representing about 142,700 underlying shares.
Vistra Corp (VST) reported trading of 23,524 contracts, roughly 2.4 million shares, accounting for 46.9% of its average daily volume of 5 million. The $200 strike call option expiring on July 18, 2025, attracted 2,046 contracts, representing about 204,600 shares.
PepsiCo Inc. (PEP) experienced the highest volume with 50,097 contracts, translating to around 5 million shares, or 43.8% of its daily average of 11.4 million. Notably, the $120 strike put option expiring on July 18, 2025, saw 17,302 contracts traded, representing approximately 1.7 million underlying shares.
