Options Trading Insights: General Dynamics, NextEra Energy, and Morgan Stanley Stand Out

Today’s trading in the S&P 500 index features significant options activity, particularly for General Dynamics Corp (Symbol: GD), NextEra Energy Inc (Symbol: NEE), and Morgan Stanley (Symbol: MS).

General Dynamics’ Options Volume Surges

General Dynamics Corp (GD) has seen notable options trading volume today with a total of 4,762 contracts exchanged, equating to approximately 476,200 underlying shares. This figure constitutes about 47.9% of GD’s average daily trading volume over the last month, which was 994,620 shares. The $330 strike call option set to expire on November 15, 2024, experienced particularly high activity, with 1,711 contracts trading, reflecting around 171,100 underlying GD shares. Below is a chart illustrating GD’s trading history over the past twelve months, highlighting the $330 strike in orange:

NextEra Energy’s Options Experience Strong Activity

NextEra Energy Inc (NEE) reported an impressive options volume of 41,564 contracts today, representing roughly 4.2 million underlying shares. This total accounts for about 46.5% of NEE’s average daily trading volume of 8.9 million shares from the past month. The $80 strike put option, which also expires on November 15, 2024, captured attention with 10,080 contracts traded today, corresponding to approximately 1.0 million underlying NEE shares. Below is the trading history for NEE, with the $80 strike highlighted in orange:

Morgan Stanley’s Trading Volume Highlights Activity

Morgan Stanley (MS) also displayed strong options trading volume, with 26,257 contracts changing hands. This is equivalent to around 2.6 million underlying shares and represents approximately 42.9% of MS’s average daily trading volume over the past month, which was 6.1 million shares. The $120 strike call option, expiring on October 25, 2024, saw significant activity today with 16,608 contracts traded, amounting to roughly 1.7 million underlying shares of MS. The following chart shows MS’s trading history over the last twelve months, with the $120 strike highlighted in orange:

For more details on available expirations for GD, NEE, or MS options, visit StockOptionsChannel.com.

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

Also see:

• Financial Stocks Hedge Funds Are Selling
• Raymond James Financial Market Cap History
• PIPP Options Chain

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