What’s shaking on Wall Street today? Well, for starters, let’s dive into the options trading activity among components of the S&P 500 index. There’s quite the commotion in Expedia Group Inc (Symbol: EXPE), where a total volume of 27,657 contracts has been traded so far today. This contract volume is representative of approximately 2.8 million underlying shares, a staggering 78.4% of EXPE’s average daily trading volume over the past month. We’re witnessing a particularly fervent affair around the $160 strike put option expiring February 16, 2024, with 4,283 contracts changing hands today, representing approximately 428,300 underlying shares of EXPE. It’s reminiscent of a fierce tug-of-war, with investors vying for the upper hand. Below is a chart showing EXPE’s trailing twelve-month trading history, with the $160 strike splendidly highlighted in orange:
Meanwhile, Citigroup Inc (Symbol: C) saw options trading volume of 122,858 contracts, representing approximately 12.3 million underlying shares or roughly 69% of C’s average daily trading volume over the past month, which stands at 17.8 million shares. The $57 strike call option expiring on February 23, 2024, wasn’t left out of the fray, with 11,833 contracts in play today, representing approximately 1.2 million underlying shares of C. Just like a storm brewing on the horizon, the market sentiment seems charged. Below is a chart showing C’s trailing twelve-month trading history, with the $57 strike coming alive in orange:
And Zebra Technologies Corp. (Symbol: ZBRA) isn’t immune to the tempest, having seen options trading volume of 2,739 contracts today. This represents approximately 273,900 underlying shares, a significant 65.2% of ZBRA’s average daily trading volume over the past month, which stands at 420,155 shares. It’s as if a whirlwind has swept through the market, especially around the $250 strike put option expiring on March 15, 2024, with 279 contracts in the maelstrom today, representing approximately 27,900 underlying shares of ZBRA. Below is a chart showing ZBRA’s trailing twelve-month trading history, with the $250 strike taking the spotlight in orange:
For the various available expirations for EXPE options, C options, or ZBRA options, visit StockOptionsChannel.com to further immerse yourself in this whirlwind of financial fervor.
Amidst all this commotion, we’re left speculating about today’s most active call and put options of the S&P 500.
Also see:
Shares Outstanding History
LWAY Split History
NEPH market cap history
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
