Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Kenvue Inc (Symbol: KVUE), where a total volume of 86,786 contracts has been traded thus far today, a contract volume which is representative of approximately 8.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.7% of KVUE’s average daily trading volume over the past month, of 17.8 million shares. Especially high volume was seen for the $20.50 strike put option expiring May 17, 2024, with 21,669 contracts trading so far today, representing approximately 2.2 million underlying shares of KVUE. Below is a chart showing KVUE’s trailing twelve month trading history, with the $20.50 strike highlighted in orange:

Eli Lilly (Symbol: LLY) options are showing a volume of 13,446 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 46.3% of LLY’s average daily trading volume over the past month, of 2.9 million shares.
Especially high volume was seen for the $740 strike put option expiring May 17, 2024, with 540 contracts trading so far today, representing approximately 54,000 underlying shares of LLY. Below is a chart showing LLY’s trailing twelve month trading history, with the $740 strike highlighted in orange:

And Hershey Company (Symbol: HSY) saw options trading volume of 8,578 contracts, representing approximately 857,800 underlying shares or approximately 44.8% of HSY’s average daily trading volume over the past month, of 1.9 million shares.
Especially high volume was seen for the $190 strike put option expiring June 21, 2024, with 1,442 contracts trading so far today, representing approximately 144,200 underlying shares of HSY. Below is a chart showing HSY’s trailing twelve month trading history, with the $190 strike highlighted in orange:

For the various different available expirations for KVUE options, LLY options, or HSY options, visit StockOptionsChannel.com.

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

Also see:

• DLA Insider Buying
• CDR Options Chain
• NGAC 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.