Surge in Options Trading for Major Companies: AIG, ADM, and Kroger Make Headlines

Today, there has been significant options trading activity within the S&P 500 index. Notably, American International Group Inc (Symbol: AIG) saw a total of 23,462 contracts traded, equating to around 2.3 million underlying shares. This represents nearly 73.3% of AIG’s average daily trading volume of 3.2 million shares over the last month. The $80 strike call option, which expires on January 17, 2025, witnessed a particularly high volume with 5,323 contracts traded, reflecting about 532,300 underlying shares of AIG. A trailing twelve-month trading history chart is displayed below, with the $80 strike highlighted in orange:

In another development, Archer Daniels Midland Co. (Symbol: ADM) reported options volume of 17,596 contracts today. This figure, representing approximately 1.8 million underlying shares, corresponds to a remarkable 73.2% of ADM’s average daily trading volume over the past month, which stands at 2.4 million shares. The $50 strike put option expiring on November 08, 2024, also attracted attention, with 1,719 contracts traded, amounting to roughly 171,900 underlying shares of ADM. Below is a chart of ADM’s trailing twelve-month trading history, with the $50 strike indicated in orange:

Kroger Co. (Symbol: KR) is not left behind, showing options volume of 17,759 contracts to date. This corresponds to approximately 1.8 million underlying shares, or about 60.6% of KR’s average daily trading volume of 2.9 million shares in the past month. A notable surge was identified in the $59 strike call option, which expires on November 08, 2024, with 10,209 contracts traded, representing around 1.0 million underlying shares of Kroger. Below is a trading history chart for KR over the past twelve months, highlighting the $59 strike in orange:

For detailed information about available expirations for AIG, ADM, or KR options, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• Institutional Holders of SJT
• Top Ten Hedge Funds Holding JPT
• AMGN Price Target

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.