Options Trading Insights: Dollar Tree, Macy’s, and Occidental Petroleum Show High Activity
Among the components of the Russell 3000 index, significant options trading took place today in several key companies. Notably, Dollar Tree Inc (Symbol: DLTR) experienced a total of 28,484 contracts traded, which equates to about 2.8 million underlying shares. This figure represents around 52% of DLTR’s average daily trading volume over the past month of 5.5 million shares. The $95 strike call option set to expire on December 06, 2024, attracted remarkable interest, with 1,880 contracts trading, representing close to 188,000 underlying shares of DLTR. Below is a chart displaying DLTR’s trailing twelve-month trading history, highlighting the $95 strike in orange:
Macy’s Inc (Symbol: M) also saw notable options activity, recording a total of 30,964 contracts traded, corresponding to approximately 3.1 million underlying shares or nearly 49.9% of M’s average daily trading volume of 6.2 million shares over the past month. Among these, the $17.50 strike call option, expiring on December 06, 2024, gained particular attention with 11,313 contracts traded—about 1.1 million underlying shares of M. Below is a chart reflecting M’s trailing twelve-month trading history, highlighting the $17.50 strike:
Finally, Occidental Petroleum Corp (Symbol: OXY) reported trading activity of 57,882 options contracts today, representing around 5.8 million underlying shares. This volume accounts for about 49.8% of OXY’s average daily trading volume of 11.6 million shares during the past month. The $60 strike call option, which expires on September 19, 2025, was particularly active, with 6,038 contracts traded—equating to around 603,800 underlying shares of OXY. The chart below shows OXY’s trailing twelve-month trading history, with the $60 strike highlighted in orange:
For more details about the various expiration options for DLTR, M, or OXY, visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
Additional Resources:
- Top Stocks Held By Cathie Wood
- SPRC Shares Outstanding History
- ETFs Holding ECL
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
