High Trading Volume for S&P 500 Options: Insights on GPN, AKAM, and EBAY

Today, significant options trading activity is observed in several S&P 500 companies, reflecting investor interest.

Global Payments Inc (GPN) Sees Strong Activity

Global Payments Inc (Symbol: GPN) is making headlines with a total options trading volume of 13,279 contracts today. This volume corresponds to roughly 1.3 million underlying shares, as each contract represents 100 shares. Notably, this figure is 67.6% of GPN’s average daily trading volume over the past month, which stands at 2.0 million shares. High activity was particularly noted for the $100 strike call option expiring on December 20, 2024, where 3,338 contracts have been traded, equivalent to about 333,800 underlying shares. The chart below illustrates GPN’s trading history over the past twelve months, with the $100 strike highlighted in orange:

Akamai Technologies Inc (AKAM) Trading Picks Up

Akamai Technologies Inc (Symbol: AKAM) saw options volume hit 5,990 contracts today, translating to approximately 599,000 underlying shares—52.8% of AKAM’s average daily trading volume of 1.1 million shares for the month. Specifically, 3,000 contracts for the $95 strike put option expiring on March 21, 2025, were traded, which accounts for an estimated 300,000 underlying shares. The following chart demonstrates AKAM’s trading activity over the last twelve months, marking the $95 strike in orange:

eBay Inc. (EBAY) Experiences High Options Trading

eBay Inc. (Symbol: EBAY) is also active in options trading, with 19,085 contracts changing hands today. This represents about 1.9 million underlying shares, or 50% of EBAY’s average daily trading volume of 3.8 million shares in the past month. The $58 strike put option, set to expire on November 01, 2024, drew particular attention, with 4,922 contracts traded—roughly 492,200 underlying shares. Below is a chart depicting EBAY’s trailing twelve months of trading, highlighting the $58 strike:

For more details on the various expiration options available for GPN, AKAM, or EBAY, visit StockOptionsChannel.com.

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

Also see:

• TE Insider Buying
• GOCO Shares Outstanding History
• ADSW Market Cap History

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