Today, notable options trading activity was reported for several companies within the S&P 500 index. ServiceNow Inc (NOW) saw 7,455 contracts traded, representing approximately 745,500 underlying shares, which is about 64.5% of its average daily trading volume of 1.2 million shares over the past month. The most active option was the $1035 strike call expiring on June 13, 2025, with 972 contracts traded, equating to roughly 97,200 shares.
PepsiCo Inc (PEP) recorded a total of 53,090 options contracts, amounting to approximately 5.3 million underlying shares, which is 58.6% of its average daily trading volume of 9.1 million shares. High volume was noted for the $135 strike call option expiring July 18, 2025, with 13,502 contracts traded, or about 1.4 million shares.
Additionally, Altria Group Inc (MO) had options trading volume of 39,554 contracts, representing around 4.0 million underlying shares, about 55.5% of its average daily trading volume of 7.1 million shares. The $61 strike call option expiring on June 13, 2025, saw particularly high activity with 18,329 contracts traded, equivalent to approximately 1.8 million shares.
