Options Trading Insights: QCOM, DGX, and CELH Make Headlines Today

Strong Activity in Qualcomm Inc’s Options Market

Options trading data reveals notable activity for Qualcomm Inc (Symbol: QCOM) today. A total of 38,361 contracts have changed hands, which translates to about 3.8 million underlying shares since each contract represents 100 shares. This volume accounts for 54.4% of QCOM’s average daily trading volume over the past month, which stands at 7.1 million shares. Noteworthy is the $170 strike put option, set to expire on November 1, 2024. So far, 2,567 contracts have traded, representing roughly 256,700 shares of QCOM. Below is a chart illustrating QCOM’s trading history over the last twelve months, with the $170 strike highlighted in orange:

Quest Diagnostics Inc Experiences Significant Trading Volume

In another segment, Quest Diagnostics, Inc. (Symbol: DGX) recorded an options trading volume of 3,334 contracts, amounting to approximately 333,400 underlying shares. This figure represents about 52.5% of DGX’s average daily trading volume of 635,415 shares seen over the past month. The $145 strike put option expiring on November 15, 2024, has attracted considerable interest, with 1,080 contracts trading today, which represents around 108,000 shares of DGX. Below is a chart displaying DGX’s trading history for the last twelve months, with the $145 strike highlighted in orange:

Celsius Holdings Inc Sees a Surge in Options Trading

Celsius Holdings Inc (Symbol: CELH) is experiencing robust options trading as well, with a total of 55,188 contracts traded today. This translates to approximately 5.5 million underlying shares and represents a solid 52.5% of CELH’s average daily trading volume of 10.5 million shares over the past month. The most active option is the $35 strike call option expiring on September 19, 2025, with 2,973 contracts changing hands to date, equating to about 297,300 shares of CELH. Below is a chart of CELH’s trading activity from the past year, highlighting the $35 strike in orange:

For more details regarding various expirations for QCOM, DGX, or CELH options, you can visit StockOptionsChannel.com.

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