May 2, 2025

Ron Finklestien

Significant Friday Options Movement: MU, DDOG, XOM

High Options Trading Volumes Observed in Micron, Datadog, and Exxon Mobil

Among the components of the Russell 3000 index, significant options trading volume was noted today. Micron Technology Inc. (Symbol: MU) recorded a total of 146,562 contracts, representing about 14.7 million underlying shares. This figure corresponds to approximately 48.4% of MU’s average daily trading volume of 30.3 million shares over the past month. Notably, the $80 strike call option expiring on May 16, 2025, saw high activity, with 13,826 contracts traded today, amounting to roughly 1.4 million underlying shares of MU. Below is a chart depicting MU’s trading history over the past twelve months, with the $80 strike highlighted in orange:

Micron Trading History

Similarly, Datadog Inc. (Symbol: DDOG) experienced options trading volume of 25,615 contracts, which equates to about 2.6 million underlying shares. This represents approximately 48.3% of DDOG’s monthly average trading volume of 5.3 million shares. The $100 strike put option expiring on May 09, 2025, recorded particularly strong activity with 2,195 contracts traded, representing about 219,500 underlying shares of DDOG. Below is a chart illustrating DDOG’s trading history from the past twelve months, with the $100 strike marked in orange:

Datadog Trading History

Exxon Mobil Corp (Symbol: XOM) noted a trading volume of 93,308 contracts, equivalent to approximately 9.3 million underlying shares. This amount reflects around 47.6% of XOM’s average daily trading volume over the past month, reported at 19.6 million shares. The $108 strike call option expiring on May 09, 2025, showed significant activity with 5,047 contracts traded, representing approximately 504,700 underlying shares of XOM. Below is a chart showing XOM’s trading history for the past twelve months, with the $108 strike marked in orange:

Exxon Mobil Trading History

For various expiration options for MU, DDOG, or XOM, visit StockOptionsChannel.com.

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

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