Among the components of the S&P 500 index, notable options trading activity was observed on October 10, 2023, with Eli Lilly (LLY) seeing 24,044 contracts traded, equating to roughly 2.4 million underlying shares, or 82.8% of its average daily volume. High volume was particularly noted for the $136.00 strike call option expiring April 24, 2026, with 996 contracts traded, representing around 99,600 underlying shares.
PepsiCo Inc (PEP) recorded options trading of 43,802 contracts, representing approximately 4.4 million underlying shares, which accounts for about 68.5% of its average daily trading volume. The $162.50 strike call option expiring April 17, 2026, was highlighted with 9,438 contracts traded, corresponding to around 943,800 underlying shares.
J.B. Hunt Transport Services, Inc. (JBHT) had 5,031 contracts traded today, approximately 503,100 underlying shares, amounting to 56% of its average daily volume. The $270 strike call option expiring May 15, 2026, saw particularly high volume with 1,136 contracts traded, representing about 113,600 underlying shares.
