HomeMarket NewsNoteworthy Wednesday Option Activity: AAL, BBY, UNH

Noteworthy Wednesday Option Activity: AAL, BBY, UNH

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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in American Airlines Group Inc (Symbol: AAL), where a total of 699,617 contracts have traded so far, representing approximately 70.0 million underlying shares. That amounts to about 272.5% of AAL’s average daily trading volume over the past month of 25.7 million shares. Particularly high volume was seen for the $10 strike put option expiring September 20, 2024, with 234,692 contracts trading so far today, representing approximately 23.5 million underlying shares of AAL. Below is a chart showing AAL’s trailing twelve month trading history, with the $10 strike highlighted in orange:

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Best Buy Inc (Symbol: BBY) saw options trading volume of 22,404 contracts, representing approximately 2.2 million underlying shares or approximately 94.2% of BBY’s average daily trading volume over the past month, of 2.4 million shares.
Particularly high volume was seen for the $70 strike call option expiring May 31, 2024, with 5,243 contracts trading so far today, representing approximately 524,300 underlying shares of BBY. Below is a chart showing BBY’s trailing twelve month trading history, with the $70 strike highlighted in orange:

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And UnitedHealth Group Inc (Symbol: UNH) options are showing a volume of 18,609 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 65.7% of UNH’s average daily trading volume over the past month, of 2.8 million shares.
Particularly high volume was seen for the $495 strike call option expiring May 31, 2024, with 1,068 contracts trading so far today, representing approximately 106,800 underlying shares of UNH. Below is a chart showing UNH’s trailing twelve month trading history, with the $495 strike highlighted in orange:

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For the various different available expirations for AAL options, BBY options, or UNH options, visit StockOptionsChannel.com.

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

Also see:

Β• Institutional Holders of FLMX
Β• ECR YTD Return
Β• ADRU Historical Stock Prices

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

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