Surge in Options Trading for Horton, Stanley Black & Decker, and Lennar

Today, the options market buzzed with activity surrounding major companies in the S&P 500 index.

Among these, Horton Inc (Symbol: DHI) saw significant options trading activity. A total of 31,220 contracts exchanged hands, equating to roughly 3.1 million underlying shares. This figure stands at about 159.9% of DHI’s average daily trading volume from the past month, which was 2.0 million shares. The $165 strike call option expiring November 15, 2024 generated particular interest, with 10,214 contracts trading today, representing around 1.0 million underlying shares of DHI. Below, you’ll find a chart showcasing DHI’s trading history over the last twelve months, highlighting the $165 strike in orange:

Additionally, Stanley Black & Decker Inc (Symbol: SWK) experienced options trading volume of 10,777 contracts today. This volume translates to approximately 1.1 million underlying shares, reflecting a notable 98.9% of SWK’s average daily trading volume over the past month, which totaled 1.1 million shares. Notably, the $85 strike put option, set to expire on November 15, 2024, saw significant movement as well, with 1,702 contracts trading today, which accounts for about 170,200 underlying shares of SWK. Below is a chart that illustrates SWK’s trading trends over the last year, with the $85 strike highlighted in orange:

Meanwhile, Lennar Corp (Symbol: LEN) also reported considerable options trading activity, with 17,115 contracts traded, representing around 1.7 million underlying shares. This figure amounts to approximately 97.1% of LEN’s average daily trading volume of 1.8 million shares from the previous month. The $170 strike call option, set to expire on November 15, 2024, drew attention as well, with 10,043 contracts trading today, translating to about 1.0 million underlying shares of LEN. The following chart outlines LEN’s trading history over the past twelve months, with the $170 strike marked in orange:

To explore the various expiration dates available for options on DHI, SWK, or LEN, visit StockOptionsChannel.com.

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

Additional Insights:

• Technology Stocks Hedge Funds Are Selling
• RYI Stock Predictions
• SWAV Videos

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