Highlighting Wednesday’s Significant Options Movement: BA, NOW, SNV

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Boeing Co. (Symbol: BA) experienced significant options trading today, with a total of 118,384 contracts, equating to approximately 11.8 million underlying shares, which is about 160.4% of its average daily trading volume of 7.4 million shares over the past month. The $235 strike call option expiring on July 25, 2025, saw particularly high activity, with 15,400 contracts traded, representing around 1.5 million underlying shares.

ServiceNow Inc (Symbol: NOW) also saw robust options activity, with 19,417 contracts, or roughly 1.9 million underlying shares, trading at 146.9% of its average daily volume of 1.3 million shares. Notably, the $1100 strike call option expiring on July 25, 2025, had 1,855 contracts traded, corresponding to about 185,500 underlying shares.

Synovus Financial Corp (Symbol: SNV) recorded a trading volume of 22,298 contracts today, representing about 2.2 million underlying shares, or 128.9% of its average daily trading volume of 1.7 million shares. The $56 strike put option expiring on August 15, 2025, was particularly active, with 10,114 contracts traded, equating to approximately 1.0 million underlying shares.

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