Highlighting Significant Tuesday Options Activity in LOW, AAP, and CDW

Avatar photo

Lowe’s Companies Inc (Symbol: LOW) reported significant trading activity on October 18, 2023, with 13,593 contracts exchanged, equivalent to approximately 1.4 million underlying shares. This volume accounts for 46.6% of its average daily trading volume of 2.9 million shares over the past month. Notably, the $300 strike call option expiring March 20, 2026, saw 3,399 contracts traded, representing about 339,900 underlying shares.

Advance Auto Parts Inc (Symbol: AAP) experienced a trading volume of 8,920 contracts, corresponding to around 892,000 underlying shares—45.1% of its average daily volume of 2.0 million shares. The $55 strike call option expiring February 13, 2026, was particularly active, with 2,756 contracts traded, equating to approximately 275,600 underlying shares.

CDW Corp (Symbol: CDW) recorded 7,793 contracts, representing roughly 779,300 underlying shares, or 44.4% of its average daily trading volume of 1.8 million shares. The $150 strike call option expiring March 20, 2026, was notably active as well, with 3,713 contracts traded, representing approximately 371,300 underlying shares.

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

Read Now