Surge in Options Trading Volume Highlights Key Players in Russell 3000

Investors closely watch movements in options as large volumes indicate strong market interest.

Today, Verizon Communications Inc (Symbol: VZ) experienced remarkable options trading, with a total of 68,760 contracts exchanged, equating to roughly 6.9 million underlying shares. This figure represents about 44% of VZ’s average daily trading volume over the past month, which has been 15.6 million shares. A notable spike occurred for the $42 strike call option expiring December 20, 2024, where 5,126 contracts have been traded today, representing approximately 512,600 underlying shares of VZ. Below is a chart showing VZ’s trailing twelve-month trading history, with the $42 strike highlighted in orange:

Wynn Resorts Ltd (Symbol: WYNN) also witnessed significant trading activity, with 8,564 contracts exchanged today. This amounts to about 856,400 underlying shares and constitutes roughly 43.4% of WYNN’s average daily trading volume over the past month, recorded at 2.0 million shares. A particular focus has been on the $105 strike call option expiring February 21, 2025, with 1,794 contracts traded today, representing around 179,400 underlying shares of WYNN. Below is the chart depicting WYNN’s trailing twelve-month trading history, highlighting the $105 strike:

Meanwhile, Walt Disney Co. (Symbol: DIS) saw options trading volume reach 41,681 contracts, reflecting about 4.2 million underlying shares. This volume amounts to approximately 42.7% of DIS’s average daily trading over the past month, which has been 9.8 million shares. A notable feature is the $110 strike put option expiring December 20, 2024, where 3,306 contracts have traded, representing about 330,600 underlying shares of DIS. Below is the chart showcasing DIS’s trailing twelve-month trading history, with the $110 strike highlighted:

For various expirations available for options from VZ, WYNN, or DIS, please visit StockOptionsChannel.com.

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

Also see:

• Funds Holding ETY
• Funds Holding MONT
• OCDX shares outstanding history

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