HomeMost PopularScrutinizing Wednesday's Option Buzz: General Mills, United Airlines, and Delta Airlines

Scrutinizing Wednesday’s Option Buzz: General Mills, United Airlines, and Delta Airlines

Actionable Trade Ideas

always free

General Mills’ Appetizing Option Activity

Mulling over the components of the S&P 500 index, attention veers to General Mills Inc (Symbol: GIS), radiating a notable options trading fervor. Today, an impressive 23,156 contracts have changed hands, symbolizing about 2.3 million underlying shares at play (with each contract representing 100 shares). This amount encapsulates a staggering 55.6% of GIS’s average daily trade volume over the last month – a tidal wave of bullish sentiment. Most notably, the $72 strike call option expiring on March 22, 2024, flies high with 3,321 contracts traded, fueling approximately 332,100 shares of GIS. A visual representation of GIS’s past twelve months of trading depicts the $72 strike punctuated in vivid orange.


United Airlines’ Option Altitude

Zooming in on United Airlines Holdings Inc (Symbol: UAL), the options arena showcases a whopping 38,814 contracts in motion today, corresponding to about 3.9 million underlying shares – a substantial 51.8% of UAL’s average daily trade volume over the past month. A spectacle of interest revolves around the $46 strike call option set to expire on May 17, 2024, with 7,085 contracts traded currently, translating to roughly 708,500 shares of UAL. A graphical depiction of UAL’s trading odyssey unfurls with the $46 strike gleaming in vibrant orange.


Delta Airlines Soars in the Options Sky

Amidst the options domain, Delta Air Lines Inc (Symbol: DAL) emerges with a robust volume of 38,368 contracts traded today, representing about 3.8 million underlying shares – a notable 44.7% of DAL’s average daily trading activity in the last month. Noteworthy hustle surrounds the $46 strike call option expiring on May 17, 2024, with 5,391 contracts transacted, corresponding to approximately 539,100 shares of DAL. A visual narrative of DAL’s past twelve months of trade showcases the $46 strike beaming brightly in orange hues.


For the full spectrum of available expirations on GIS options, UAL options, or DAL options, interested parties can venture to StockOptionsChannel.com.

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

Also consider:

Β• FUNC Next Dividend Date
Β• Edison International Technical Analysis
Β• Texas Instruments MACD

The author’s viewpoints expressed here may stir interest but may not mirror those of Nasdaq, Inc.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.