Options Trading Insights: 3M, Amkor, and Trupanion See Significant Activity
3M Co Leads with High Call Option Volume
In today’s options trading landscape, 3M Co (Symbol: MMM) stands out with a striking total volume of 25,531 contracts traded. This figure translates to around 2.6 million underlying shares, where each contract represents 100 shares. Notably, this volume accounts for 67% of MMM’s average daily trading volume over the past month, which is 3.8 million shares. A significant amount of trading occurred around the $130 strike call option slated to expire on November 01, 2024, with 2,201 contracts traded today, equating to approximately 220,100 underlying shares. The chart below illustrates MMM’s trading history over the past twelve months, highlighting the $130 strike in orange:
Amkor Technology Inc. Records Robust Options Volume
Amkor Technology Inc. (Symbol: AMKR) also experienced considerable options trading activity, totaling 7,621 contracts, which denotes about 762,100 underlying shares—approximately 67% of the average daily trading volume of 1.1 million shares over the last month. A particularly notable trade involved the $25 strike put option expiring on June 20, 2025, with 3,402 contracts traded today, representing around 340,200 underlying shares. The chart below shows AMKR’s trading history, with the $25 strike highlighted:
Trupanion Inc. Sees Strong Options Trading Activity
Trupanion Inc. (Symbol: TRUP) reports an options trading volume of 3,756 contracts, equal to approximately 375,600 underlying shares, or 66.5% of TRUP’s average daily trading volume of 564,425 shares over the past month. The $65 strike call option expiring on November 15, 2024, attracted particular attention, with 1,826 contracts traded today, correlating to roughly 182,600 underlying shares. Below is a chart depicting TRUP’s twelve-month trading history, featuring the $65 strike in orange:
For details on available expirations for options on MMM, AMKR, or TRUP, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- YSG Options Chain
- Institutional Holders of LPG
- Funds Holding DRIO
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
