Surge in Options Trading: Highlights from ON, DLTR, and LULU

Today’s trading activity among S&P 500 stocks reveals significant movements in options for ON Semiconductor, Dollar Tree, and lululemon athletica.

ON Semiconductor Sees Robust Call Option Trading

In ON Semiconductor Corp (Symbol: ON), activity today includes a total of 38,775 options contracts, representing approximately 3.9 million underlying shares. This figure accounts for 43.3% of ON’s average daily trading volume of 9.0 million shares over the past month. The most notable trading has been for the $61 strike call option, which expires on February 14, 2025. Here, 5,121 contracts have changed hands, indicating around 512,100 underlying shares. Below is a chart illustrating ON’s trading activity over the last twelve months, with the $61 strike clearly marked in orange:

Dollar Tree Options Trading Activity

For Dollar Tree Inc (Symbol: DLTR), options trading has shown a volume of 11,205 contracts, corresponding to about 1.1 million underlying shares. This volume marks a strong 41.5% of DLTR’s average daily trading volume of 2.7 million shares over the past month. Particularly high interest has been observed in the $67 strike put option expiring on February 14, 2025, which has seen 1,559 contracts traded, equating to around 155,900 underlying shares. The following chart outlines DLTR’s trading history for the past year, with the $67 strike highlighted in orange:

lululemon athletica Gains Attention in Options Market

Also noteworthy is lululemon athletica inc (Symbol: LULU), with current options volume at 6,728 contracts. This volume translates to roughly 672,800 underlying shares, representing 41.2% of LULU’s average daily trading volume of 1.6 million shares in recent weeks. The $410 strike call option set to expire on February 07, 2025, stands out with 486 contracts traded, indicative of approximately 48,600 underlying shares. Below is LULU’s trading history for the past twelve months, with the $410 strike emphasized in orange:

For more information on available expirations for ON, DLTR, or LULU options, please visit StockOptionsChannel.com.

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

Also see:

• Monthly Dividend Paying REITs
• BCSO Videos
• PVH Average Annual Return

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.