Surge in Options Trading Activity for Major Tech Stocks

Apple, Dollar General, and Microsoft See Significant Volume Today

In today’s options trading across the S&P 500 index, Apple Inc (Symbol: AAPL) stands out with a total of 306,767 contracts traded. This volume accounts for around 30.7 million shares, meaning it represents 70.2% of AAPL’s average daily trading volume of 43.7 million shares over the past month. The $225 strike call option set to expire on November 15, 2024, attracted the most interest, with 28,929 contracts traded, equating to approximately 2.9 million shares. The chart below illustrates AAPL’s trading activity over the last twelve months, with the $225 strike marked in orange:

Dollar General Corp (Symbol: DG) also experienced notable activity, with options trading reaching 27,963 contracts. This figure equates to roughly 2.8 million underlying shares, making up about 66% of DG’s average daily volume of 4.2 million shares over the past month. The most significant trading volume was for the $60 strike put option expiring on December 20, 2024, with 16,132 contracts exchanged, representing around 1.6 million shares. The chart below shows DG’s trading history over the past year, highlighting the $60 strike in orange:

Microsoft Corporation (Symbol: MSFT) reported a robust options volume with 130,533 contracts traded today, representing about 13.1 million underlying shares. This figure amounts to 61.9% of MSFT’s average daily trading volume, which stands at 21.1 million shares over the past month. The $420 strike call option, also expiring on November 15, 2024, saw 10,713 contracts traded, translating to approximately 1.1 million underlying shares. Below is the chart depicting MSFT’s trading history for the last twelve months with the $420 strike distinctly highlighted in orange:

For more information on the various expiration dates for AAPL, DG, or MSFT options, you can visit StockOptionsChannel.com.

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

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