Today, significant options trading activity was reported for multiple companies in the S&P 500 index. Abbott Laboratories (Symbol: ABT) saw 30,443 contracts traded, which translates to approximately 3.0 million underlying shares, amounting to 48% of its average daily volume of 6.3 million shares. High activity was noted for the $122 strike call option expiring on July 18, 2025, with 1,901 contracts traded, representing around 190,100 underlying shares.
Palo Alto Networks, Inc (Symbol: PANW) experienced 22,160 contracts traded, approximately 2.2 million underlying shares, or 46.7% of its average daily volume of 4.7 million shares. The $200 strike call option expiring on July 18, 2025, recorded 1,961 contracts traded, representing about 196,100 underlying shares.
Centene Corp (Symbol: CNC) had 70,371 contracts traded, representing around 7.0 million underlying shares, approximately 43.7% of its average daily volume of 16.1 million shares. The $25 strike put option expiring on August 15, 2025, saw particularly high volume with 23,104 contracts traded, equating to about 2.3 million underlying shares.
