Surge in Options Trading for Western Digital, Albemarle, and Abbott Laboratories
Investors are notably active in options trading today, highlighting significant interest in several key companies from the Russell 3000 index.
Western Digital Corp. (WDC) Attracts Attention
Western Digital Corp (Symbol: WDC) has seen substantial options trading with a total of 27,269 contracts exchanged today. This volume translates to about 2.7 million underlying shares, representing 49.9% of WDC’s average daily trading volume over the past month, which is 5.5 million shares. A standout option is the $70 strike call option expiring January 24, 2025, with 3,386 contracts traded, equating to roughly 338,600 underlying shares. Below is WDC’s trading history for the past twelve months, with the highlighted strike price:
Albemarle Corp. (ALB) Shows Strong Volume
Options for Albemarle Corp. (Symbol: ALB) have reached a volume of 9,744 contracts today, which is about 974,400 underlying shares and constitutes 49.5% of ALB’s average daily trading volume of 2.0 million shares. The $115 strike call option expiring March 21, 2025, has seen particularly high activity with 1,304 contracts trading, representing roughly 130,400 underlying shares. Below is the twelve-month trading chart for ALB:
Abbott Laboratories (ABT) Trading Volumes Are High
Abbott Laboratories (Symbol: ABT) options are also drawing interest, with total contracts at 25,079 today. This number represents about 2.5 million underlying shares, making up 48.8% of ABT’s monthly average daily volume of 5.1 million shares. A notable option is the $118 strike call expiring January 31, 2025, which has 2,967 contracts traded, accounting for approximately 296,700 underlying shares. Here’s the twelve-month trading history for ABT:
For additional information on the various expirations available for options on WDC, ALB, or ABT, visit StockOptionsChannel.com.
Check Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
- Funds Holding UPS
- Yum! Brands DMA
- OUST market cap history
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
