Among the significant options trading in the S&P 500 today, Super Micro Computer Inc (SMCI) recorded a volume of 429,969 contracts, equating to approximately 43 million underlying shares, which represents 121.5% of its average daily trading volume of 35.4 million shares. Notably, the $20 strike put option expiring on March 27, 2026, saw 20,725 contracts traded, approximately 2.1 million underlying shares.
Micron Technology Inc (MU) also experienced substantial activity, with 381,326 contracts traded, approximately 38.1 million underlying shares, accounting for 99% of its average monthly volume of 38.5 million shares. The $400 strike put option, expiring on March 27, 2026, displayed a high volume of 21,756 contracts, representing about 2.2 million underlying shares.
Microsoft Corporation (MSFT) saw 332,121 contracts traded, amounting to around 33.2 million underlying shares, or 97.2% of its average daily volume of 34.2 million shares. The $387.50 strike call option expiring on March 23, 2026, noted 16,022 contracts traded, equal to 1.6 million underlying shares.
