Noteworthy Friday Option Activity: AVGO, DAL, MNST

Avatar photo

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Broadcom Inc (Symbol: AVGO), where a total of 34,082 contracts have traded so far, representing approximately 3.4 million underlying shares. That amounts to about 140% of AVGO’s average daily trading volume over the past month of 2.4 million shares. Particularly high volume was seen for the $1280 strike call option expiring May 03, 2024, with 3,624 contracts trading so far today, representing approximately 362,400 underlying shares of AVGO. Below is a chart showing AVGO’s trailing twelve month trading history, with the $1280 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

Delta Air Lines Inc (Symbol: DAL) options are showing a volume of 124,576 contracts thus far today. That number of contracts represents approximately 12.5 million underlying shares, working out to a sizeable 99.9% of DAL’s average daily trading volume over the past month, of 12.5 million shares.
Especially high volume was seen for the $55 strike call option expiring June 21, 2024, with 54,583 contracts trading so far today, representing approximately 5.5 million underlying shares of DAL. Below is a chart showing DAL’s trailing twelve month trading history, with the $55 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

And Monster Beverage Corp (Symbol: MNST) saw options trading volume of 45,600 contracts, representing approximately 4.6 million underlying shares or approximately 77.4% of MNST’s average daily trading volume over the past month, of 5.9 million shares.
Especially high volume was seen for the $55 strike put option expiring May 17, 2024, with 15,588 contracts trading so far today, representing approximately 1.6 million underlying shares of MNST. Below is a chart showing MNST’s trailing twelve month trading history, with the $55 strike highlighted in orange:

Loading+chart+—+2024+TickerTech.com

For the various different available expirations for AVGO options, DAL options, or MNST options, visit StockOptionsChannel.com.

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

Also see:

• Energy Stocks Hedge Funds Are Buying
• Amcor Average Annual Return
• BALL Options Chain

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

The free Daily Market Overview 250k traders and investors are reading

Read Now