Surging Options Activity for Major Companies: A Look into AAPL, ULTA, and AMZN

Today, significant options trading has been observed in notable components of the S&P 500 index, particularly with Apple Inc. (Symbol: AAPL), Ulta Beauty Inc. (Symbol: ULTA), and Amazon.com Inc. (Symbol: AMZN).

Apple Inc. Sees High Options Volume

Apple Inc. is experiencing noteworthy options activity, with a total volume of 430,927 contracts traded so far today. This volume translates to about 43.1 million underlying shares, as each contract represents 100 shares. Remarkably, this figure constitutes 91.6% of AAPL’s average daily trading volume of 47.1 million shares over the past month. A significant concentration of this activity is directed towards the $235 strike call option set to expire on November 29, 2024, which has seen 60,312 contracts traded, accounting for around 6.0 million underlying shares of AAPL. Below is a chart detailing AAPL’s trading history over the last year, with the $235 strike highlighted in orange:

Ulta Beauty’s Activity Reigns Strong

Ulta Beauty Inc. reported an options trading volume of 7,882 contracts today, representing approximately 788,200 underlying shares. This figure is about 84% of ULTA’s average daily trading volume of 938,560 shares for the past month. Notable trading occurred for the $425 strike call option expiring on June 20, 2025, where 1,000 contracts traded, equivalent to around 100,000 underlying shares. Below is a chart illustrating ULTA’s trailing twelve-month trading history, again highlighting the $425 strike in orange:

Amazon.com Displays Robust Options Trading

Meanwhile, Amazon.com Inc. has seen an impressive volume of 400,658 contracts traded today, roughly translating to 40.1 million underlying shares. This amount indicates 83% of AMZN’s average daily trading volume over the past month, which stands at 48.3 million shares. The $210 strike call option expiring on November 29, 2024, has gained particular attention, recording 60,527 contracts traded—equating to about 6.1 million underlying shares. A chart showing AMZN’s trailing twelve-month trading history, with the $210 strike marked in orange, appears below:

For more information regarding various expiration options for AAPL, ULTA, or AMZN, visit StockOptionsChannel.com.

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• HL Options Chain

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