On October 4, 2023, significant options trading volume was observed across several S&P 500 components. Citizens Financial Group Inc. (CFG) saw 65,101 contracts traded, amounting to about 6.5 million underlying shares, representing 123.7% of its average daily volume of 5.3 million shares. Notably, the $47.50 call option expiring on July 18, 2025, had 32,733 contracts traded, equating to approximately 3.3 million shares.
Digital Realty Trust Inc. (DLR) recorded 18,006 contracts traded, approximately 1.8 million underlying shares, or 89% of its average daily volume of 2.0 million shares. The $140 put option expiring on September 19, 2025, saw 10,001 contracts traded, corresponding to around 1.0 million shares.
Caesars Entertainment Inc. (CZR) experienced 35,789 contracts traded, representing around 3.6 million underlying shares, or 65.1% of its average daily volume of 5.5 million shares. The $22 put option expiring on August 15, 2025, was particularly active with 33,944 contracts traded, accounting for approximately 3.4 million shares.
