Riding the Wave of Option Trading
After weathering the vicissitudes of financial markets, Eli Lilly (LLY) finds itself in the eye of a trading storm. Today, a whirlwind of 35,231 contracts has been traded, equating to around 3.5 million underlying shares – a staggering 125.5% of its average daily trading volume over the past month. The $800 strike call option expiring on April 05, 2024, has captured the attention of traders with a notable 4,472 contracts changing hands so far.
Exhilarating RH Option Activity
RH (RH) is not one to be left out of the trading frenzy, with 9,518 contracts being traded today – around 951,800 underlying shares, a remarkable 97.1% of its recent average daily trading volume. The $305 strike call option expiring on April 05, 2024, is the center of attention, with 479 contracts changing hands.
Magnetic IBM Options
International Business Machines Corp (IBM) is also riding the wave of exceptional option trading, with 42,204 contracts representing about 4.2 million underlying shares – a substantial 90.7% of its average daily trading volume over the past month. The $215 strike call option expiring on May 17, 2024, has garnered notable interest, with 10,319 contracts traded.
Conclusion: Diving into the Options World
For those interested in exploring the world of LLY, RH, or IBM options, a wealth of opportunities awaits at StockOptionsChannel.com. Don’t miss the chance to ride the waves of the options market as these companies navigate the tides of trading.
Today’s Most Active Call & Put Options of the S&P 500 »
Also see:
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Institutional Holders of SBT
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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