Surge in Options Trading for NVIDIA, GM, and eBay Today

Today, the S&P 500 index reflected significant options trading activity, particularly with NVIDIA Corp (Symbol: NVDA). So far, 1.9 million contracts have exchanged hands, translating to approximately 193.6 million underlying shares. This represents about 71.3% of NVDA’s average daily trading volume of 271.5 million shares over the past month. A notable highlight was the $140 strike call option expiring on February 28, 2025, which has seen 70,305 contracts traded, equating to around 7.0 million underlying shares of NVDA. Below is a chart illustrating NVDA’s trailing twelve-month trading history, with the $140 strike marked in orange:

Additionally, General Motors Co (Symbol: GM) reported options trading volume of 76,234 contracts, representing approximately 7.6 million underlying shares, or roughly 64.5% of GM’s average daily trading volume of 11.8 million shares for the past month. The $50 strike call option expiring on February 28, 2025, also showed heightened interest, with 12,258 contracts traded today, accounting for about 1.2 million underlying shares of GM. Below is a chart of GM’s trailing twelve-month trading history, highlighting the $50 strike:

eBay Inc. (Symbol: EBAY) experienced options trading volume of 20,809 contracts today, representing approximately 2.1 million underlying shares, which is about 57% of EBAY’s average daily trading volume of 3.6 million shares over the last month. The $79 strike call option expiring on February 28, 2025, garnered attention as well, with 3,258 contracts traded, representing about 325,800 underlying shares of EBAY. Below is a chart depicting EBAY’s trailing twelve-month trading history, with the $79 strike marked:

For detailed information on the various available expirations for options on NVDA, GM, or EBAY, please visit StockOptionsChannel.com.

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

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