Active Options Trading Insights for IBM, GE Vernova, and Palantir

IBM Options Trading Volume Surges

Among the underlying components of the S&P 500 index, notable options trading activity was observed in International Business Machines Corp (Symbol: IBM). Today, a total of 35,235 contracts have changed hands, which equates to approximately 3.5 million underlying shares. This represents about 71.3% of IBM’s average daily trading volume of 4.9 million shares over the past month.

The $230 strike put option, expiring April 25, 2025, saw particularly high volume with 3,504 contracts traded so far today, representing around 350,400 underlying shares of IBM. Below is a chart illustrating IBM’s trailing twelve-month trading history, with the $230 strike option highlighted in orange:

GE Vernova Inc Shows Strong Options Activity

GE Vernova Inc (Symbol: GEV) exhibited robust options trading with a volume of 25,402 contracts today. This volume translates to approximately 2.5 million underlying shares, representing about 61% of GEV’s average daily trading volume of 4.2 million shares over the last month.

The $390 strike call option, set to expire on May 02, 2025, demonstrated significant interest with 4,055 contracts traded today, equating to approximately 405,500 underlying shares of GEV. The chart below shows GEV’s trailing twelve-month trading history, highlighting the $390 strike option in orange:

Palantir Technologies Options Volume Exceeds Expectations

Palantir Technologies Inc (Symbol: PLTR) experienced a remarkable options volume of 657,342 contracts thus far today. This figure represents approximately 65.7 million underlying shares, which accounts for a significant 60% of PLTR’s average daily trading volume of 109.5 million shares over the past month.

High volume was particularly noted for the $100 strike call option, expiring April 25, 2025, where 42,571 contracts have been traded to date, corresponding to about 4.3 million underlying shares of PLTR. Below is the chart depicting PLTR’s trailing twelve-month trading history, with the $100 strike option highlighted in orange:

Explore More Options Expirations

For various expirations available for options on IBM, GEV, or PLTR, additional information can be found through relevant financial platforms.

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

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