Highlighted Option Activity on Thursday: BTU, BAC, M Insights

Avatar photo

Peabody Energy Corp (BTU) reported significant options trading activity today, with a total of 24,071 contracts exchanged, representing about 2.4 million underlying shares. This volume accounts for 61.6% of BTU’s average daily trading volume of 3.9 million shares over the past month. The $34 strike call option expiring on June 5, 2026, saw particularly high interest, with 4,061 contracts traded, equating to approximately 406,100 underlying shares.

Bank of America Corp (BAC) also experienced robust options trading, with 231,240 contracts exchanged, corresponding to around 23.1 million underlying shares. This volume represents 60.9% of BAC’s average daily trading volume of 38 million shares. The most active was the $54 strike call option expiring on June 5, 2026, with 23,120 contracts traded, translating to roughly 2.3 million underlying shares.

Macy’s Inc (M) saw 41,192 contracts traded, amounting to about 4.1 million underlying shares, or 60.7% of its average daily volume of 6.8 million shares. The $23.50 strike call option set to expire on June 5, 2026, attracted significant attention, with 11,544 contracts exchanged, representing around 1.2 million underlying shares.

5 Stocks Our Experts Predict Could Double In the Next Year

By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.

The free Daily Market Overview 250k traders and investors are reading

Read Now