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Impressive Wednesday Option Activity: UAL, DAL, AMD Significant Wednesday Trades: UAL, DAL, AMD

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United Airlines Holdings Inc (UAL)

Exhibiting a robust display of option activity on this Wednesday, United Airlines Holdings Inc (UAL) witnessed a total volume of 62,423 contracts changing hands today. This substantial figure is equivalent to about 6.2 million underlying shares, accounting for 82% of UAL’s average daily trading volume over the past month. Noteworthy interest was observed in the $45 strike call option expiring on April 19, 2024, with a staggering 5,210 contracts traded so far, representing approximately 521,000 underlying shares of UAL. The intensity of trading around this strike is graphically highlighted below, showing UAL’s twelve-month trading history.

UAL Trading History

Delta Air Lines Inc (DAL)

Meanwhile, Delta Air Lines Inc (DAL) options experienced significant action with a volume of 69,919 contracts traded today, representing approximately 7.0 million underlying shares. This level of activity amounts to a substantial 81.4% of DAL’s average daily trading volume over the past month. Notable interest was spotted in the $46.50 strike put option expiring on March 28, 2024, where 6,710 contracts were traded, reflecting approximately 671,000 underlying shares of DAL. The chart below depicts DAL’s trading history, with focus on the $46.50 strike.

DAL Trading History

Advanced Micro Devices Inc (AMD)

Turning our attention to Advanced Micro Devices Inc (AMD), option trading soared with a volume of 561,000 contracts traded today. This mammoth figure represents approximately 56.1 million underlying shares, translating to a significant 72.1% of AMD’s average daily trading volume over the past month. Remarkable interest was centered on the $180 strike call option expiring on March 28, 2024, with an impressive 68,924 contracts traded, corresponding to about 6.9 million underlying shares of AMD. The chart below portrays AMD’s trading history, emphasizing the $180 strike.

AMD Trading History

For more detailed information on available expirations for UAL, DAL, or AMD options, you can explore StockOptionsChannel.com.

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

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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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