Midweek Options Spotlight: UAL, HD, LUV

On [insert date], trading activity for options in the S&P 500 index showed significant movements for major airline companies. United Airlines Holdings Inc (UAL) saw a total volume of 27,607 contracts traded, representing approximately 2.8 million underlying shares, or 46.9% of its average daily trading volume over the past month of 5.9 million shares. High volume was noted for the $128 strike call option expiring July 2, 2026, with 3,586 contracts traded, equating to about 358,600 underlying shares.

Home Depot Inc (HD) reported options trading of 23,011 contracts, roughly 2.3 million underlying shares, constituting 43.1% of its average daily volume of 5.3 million shares. The $375 strike call option expiring July 17, 2026, accounted for 1,229 contracts traded, representing approximately 122,900 underlying shares.

Southwest Airlines Co (LUV) recorded 28,074 contracts traded, or about 2.8 million underlying shares, representing 42.3% of its average daily volume of 6.6 million shares. The $50 strike call option expiring September 18, 2026, saw high activity with 7,065 contracts traded, equivalent to approximately 706,500 underlying shares.