Significant Friday Options Trading Highlights: HSY, KBR, NOW

Published On: October 12, 2024 6:40 am

Options Trading Highlights: Hershey, KBR, and ServiceNow Stand Out Today

Today, the options market saw significant activity among companies in the Russell 3000 index. Hershey Company (Symbol: HSY) attracted attention with a total trading volume of 5,137 contracts. This number represents about 513,700 underlying shares and roughly 45.4% of HSY’s average daily trading volume of 1.1 million shares over the past month. Particularly noteworthy is the $180 strike put option expiring on October 18, 2024, which saw 1,229 contracts traded today, indicating an interest in approximately 122,900 underlying shares. Below is a chart showing HSY’s trading history over the last twelve months, with the $180 strike highlighted in orange:

Hershey Company Trading History

KBR Inc (Symbol: KBR) also showed robust options trading, with a volume of 4,109 contracts today, representing around 410,900 underlying shares. This constitutes a significant 43.7% of KBR’s average daily volume of 940,195 shares over the last month. The $70 strike call option expiring on November 15, 2024, was particularly active, with 3,101 contracts traded, indicating interest in approximately 310,100 underlying shares. A chart of KBR’s trading history for the past twelve months is shown below, with the $70 strike highlighted:

KBR Trading History

ServiceNow Inc (Symbol: NOW) recorded a trading volume of 5,639 options contracts today, which translates to approximately 563,900 underlying shares, or about 43.2% of its average daily trading volume of 1.3 million shares this past month. The $1000 strike call option set to expire on October 18, 2024, saw significant activity with 677 contracts traded, representing approximately 67,700 underlying shares. Below is a chart displaying NOW’s trading history over the past twelve months, with the $1000 strike highlighted:

ServiceNow Trading History