Significant options trading activity was reported today in three prominent companies within the S&P 500 index. Delta Air Lines Inc (DAL) saw a total of 74,266 contracts traded, accounting for approximately 7.4 million underlying shares, which is about 94.6% of its average daily trading volume of 7.8 million shares. Notably, the $55 strike put option expiring on August 15, 2025, had 12,954 contracts traded, representing around 1.3 million underlying shares.
UnitedHealth Group Inc (UNH) also experienced high options trading, with 170,679 contracts traded today, translating to about 17.1 million underlying shares or 92.4% of its average daily volume of 18.5 million shares. The $260 strike call option expiring on August 15, 2025, led the volume with 11,583 contracts, approximately 1.2 million underlying shares.
Eli Lilly (LLY) reported an options volume of 49,187 contracts, representing about 4.9 million underlying shares and 84.2% of its average daily trading volume of 5.8 million shares. The $650 strike call option, expiring on August 15, 2025, saw 2,761 contracts traded, equating to roughly 276,100 underlying shares.
