Surge in Options Trading Seen for Major Stocks Today
Among the myriad components of the Russell 3000 index, today highlighted significant options trading volume, particularly for CVS Health Corporation (Symbol: CVS). As of now, a total of **38,432 contracts** have changed hands, which corresponds to roughly **3.8 million underlying shares**. This figure represents about **43.6%** of CVS’s average daily trading volume of **8.8 million shares** over the last month. Notably, the $55 strike put option set to expire on **May 16, 2025**, experienced high activity, with **9,522 contracts** traded, equating to approximately **952,200 underlying shares** of CVS. Below is a chart depicting CVS’s trailing twelve-month trading history, with the $55 strike highlighted in orange:
In another notable instance, Oracle Corporation (Symbol: ORCL) recorded a substantial options volume totaling **50,243 contracts** today, reflecting around **5.0 million underlying shares**. This represents a significant **42.7%** of ORCL’s average daily trading volume of **11.8 million shares** for the past month. High trading was observed for the $140 strike put option expiring on **May 16, 2025**, with **11,233 contracts** exchanged, which corresponds to approximately **1.1 million underlying shares** of Oracle. Shown below is a chart detailing ORCL’s trailing twelve-month trading history, highlighting the $140 strike in orange:
Meanwhile, Amgen Inc (Symbol: AMGN) revealed an options volume of **14,031 contracts** today, translating to around **1.4 million underlying shares**. This volume represents **42.5%** of AMGN’s average daily trading volume of **3.3 million shares** during the previous month. The $300 strike put option expiring on **April 04, 2025**, also saw significant trades today, with **1,866 contracts** traded, which equals approximately **186,600 underlying shares** of Amgen. Below is a chart showing AMGN’s trading history over the past year, highlighted for the $300 strike:
For more information on available expirations for CVS, ORCL, or AMGN options, please visit StockOptionsChannel.com.
Today’s Most Active Call & Put Options of the S&P 500 »
also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
