Options Trading Insights: Eli Lilly, lululemon, and Charter Communications Stand Out

Today, Eli Lilly (Symbol: LLY) captured significant attention in the options market with noteworthy trading volume. So far, 41,403 contracts have changed hands, which equates to around 4.1 million underlying shares. This figure is approximately 132.3% of LLY’s average daily trading volume from the past month, which stands at 3.1 million shares. A standout was the $830 strike call option that is set to expire on November 01, 2024, where 3,604 contracts have traded, representing about 360,400 underlying shares of LLY. The chart below illustrates LLY’s trading history over the last twelve months, highlighting the $830 strike in orange:

Meanwhile, lululemon athletica inc (Symbol: LULU) has seen impressive activity in its options trading today. A total of 24,630 contracts have been traded, which translates to about 2.5 million underlying shares. This represents approximately 130.8% of LULU’s average daily trading volume of 1.9 million shares over the past month. The $307.50 strike put option expiring on November 01, 2024, was particularly active, with 1,335 contracts traded, equating to about 133,500 underlying shares of LULU. Here’s a chart showing LULU’s trading history for the past twelve months, with the $307.50 strike marked in orange:

Charter Communications Inc (Symbol: CHTR) also demonstrated significant trading volume today, with 7,784 contracts traded, representing approximately 778,400 underlying shares. This volume accounts for about 82.6% of CHTR’s average daily trading volume of 942,565 shares over the past month. Notable activity was seen for the $380 strike call option set to expire on November 01, 2024, with 412 contracts traded, which corresponds to around 41,200 underlying shares of CHTR. The following chart depicts CHTR’s trading activity over the past twelve months, highlighting the $380 strike in orange:

For more information on the various available expirations for options on LLY, LULU, or CHTR, visit StockOptionsChannel.com.

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

Also see:

• HCDI Videos
• Institutional Holders of PTRB
• DDEZ shares outstanding history

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